JJB Sports Plc

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Jaeger taps Williams as chairman Katie Smith | 13 Nov 14

Upscale UK fashion brand Jaeger has appointed former Selfridges CEO Peter Williams as its new chairman.

US: Dick's Sporting Goods cuts view despite Q2 profit rise Katie Smith | 20 Aug 13

US retailer Dick's Sporting Goods has lowered its outlook for the full year, after cooler weather and weak consumer spending resulted in lower-than-expected second quarter profit growth.

UK: Republic enters administration, 150 jobs axed Katie Smith | 13 Feb 13

Youth fashion brand Republic collapsed into administration today (13 February) with the immediate loss of 150 jobs, after suffering a rapid decline in sales.

UK: Former JJB chairman charged with misleading market Katie Smith | 11 Feb 13

Former JJB Sports executive chairman Sir David Jones has been charged with allegations of forgery and making misleading statements to the market in 2009.

UK: Retail administrations up 6% year-on-year Katie Smith | 2 Jan 13

The number of UK retailers collapsing into administration jumped 6% in 2012 and this figure could increase further in the year ahead, according to business advisory firm Deloitte.

UK: Olympics help Sports Direct to H1 profit hike Richard Woodard | 13 Dec 12

Retailer Sports Direct International recorded a 25% surge in first half pre-tax profits, boosted by strong growth in online sales and the success of Team GB at the Olympics and Paralympics.

UK: Sports Direct sales boosted by Olympics and back-to-school Petah Marian | 24 Oct 12

UK retailer Sports Direct has seen sales increase 18% on the back of Olympic spending and an "excellent back-to-school period".

UK: 2,000 jobs go as JJB Sports falls into administration Katie Smith | 1 Oct 12

Around 2,200 jobs have been lost as troubled sportswear retailer JJB today (1 October) collapsed into administration after failing to restructure the business or find a buyer for it stores.

UK: JJB Sports to call in administrators Petah Marian | 24 Sep 12

Troubled UK sportswear retailer JJB Sports today (24 September) confirmed plans to appoint administrators to undertake a potential sale of its assets.

UK: Office of Fair Trading may investigate JJB sale Petah Marian | 17 Sep 12

The UK's Office of Fair Trading is expected to investigate any attempt by Sports Direct to acquire 180 stores from rival JJB Sports, which is expected to file for administration this week, according to reports.

UK: Better Capital no longer in race to acquire JJB? Katie Smith | 10 Sep 12

Jon Moulton, chairman of private equity firm Better Capital, has failed to submit a bid for troubled UK sportswear retailer JJB Sports, according to reports.

UK: Potential buyers express interest in JJB Sports Katie Smith | 4 Sep 12

JJB Sports has revealed that a number of parties have expressed interest in buying the troubled sportswear retailer.

UK: JJB Sports founder to save some stores and jobs? Katie Smith | 31 Aug 12

Dave Whelan, founder of troubled sportswear retailer JJB Sports, could step in to save jobs by acquiring several stores, according to reports.

UK: JJB Sports puts itself up for sale Petah Marian | 30 Aug 12

Struggling sportswear retailer JJB Sports has put itself up for sale, after admitting its directors do not believe the chain can raise the funds necessary to implement a turnaround.

US: Dick's Sporting Goods Q2 hit by JJB investment Petah Marian | 15 Aug 12

US retailer Dick's Sporting Goods has seen its second-quarter earnings fall due to charges tied to its investment in UK sporting goods firm JJB Sports.

UK: JJB quiet on possible Better Capital takeover Katie Smith | 13 Aug 12

JJB has remained quiet on reports that Jon Moulton, chairman of private equity firm Better Capital, may be looking to take over control of the sportswear business.

UK: JJB's shareholders to push through restructure? Katie Smith | 6 Aug 12

A number of JJB Sports' shareholders may be looking to force through a restructuring of the UK sportswear chain to help turn around the company's poor financial performance.

UK: JJB Sports seeks further funding as sales slip Petah Marian | 19 Jul 12

UK sportswear retailer JJB today revealed that it is seeking further funding, just three months after receiving a GBP30m (US$47m) cash injection in April.

Marks & Spencer trading update: what the analysts say Petah Marian | 10 Jul 12

Marks & Spencer today reported a 0.7% decline in first quarter sales for the three months ended 30 June. UK general merchandise recorded the steepest decline, with sales down 5.1% over the quarter. The company also said general merchandising executive director Kate Bostock is set to leave. Here is a flavour of what leading retail analysts are saying about the news.

UK: JJB Sports warns of poor sales Petah Marian | 9 Jul 12

UK sports wear retailer JJB Sports today (9 July) admitted trading has fallen below expectations due to weak demand for replica football kits during the European Championships and poor weather.

UK: JJB Sports gets GBP20m funding from Dick's Sporting Goods Petah Marian | 5 Apr 12

UK sportswear chain JJB Sports has received an injection of GBP30m (US$47.5m) - including investment from US retailer Dick's Sporting Goods -as it posted a GBP101.1m full-year pre-tax loss today (5 March).

UK: Former JJB chief exec accused of GBP1m fraud Petah Marian | 5 Apr 12

The former chief executive of JJB Sports, Chris Ronnie, has been charged with a series of offences relating to an alleged GBP1m fraud, following an investigation by the Serious Fraud Office.

UK: JJB reports improving like-for-like sales Petah Marian | 20 Feb 12

JJB Sports has narrowed its like-for like sales declines during the second half of the year, with like-for-like sales down 7.6% against a 17.9% decline in the first-half.

UK: Analyst plays down JJB Christmas sales rise Richard Woodard | 5 Jan 12

Like-for-like sales at retailer JJB Sports were up 5% in the crucial Christmas trading period – but an analyst warned not to read too much into the increase.

just-style management briefing: Retail winners and losers in 2011 Keith Nuthall | 19 Dec 11

While some retailers continued to be vulnerable to cost-cutting, swingeing redundancies and store closures in 2011, others acted swiftly to respond to the changing economic circumstances, offering real value to their customers and embarking on ambitious international expansion.

UK: JJB Sports taps exec to grow football business Leonie Barrie | 1 Nov 11

Struggling sportswear retailer JJB Sports has hired a new director of football to try to help it boost sales of football merchandise.

UK: JJB Sports warns of tough times as H1 losses grow Leonie Barrie | 31 Oct 11

Struggling sportswear retailer JJB Sports Plc today (31 October) warned its full-year performance could be worse than expected after first-half losses widened to GBP66.5m (US$106.6m) and sales continue to deteriorate.

UK: Blacks Leisure Group appoints interim chairman Katie Smith | 11 Aug 11

Outdoor clothing and footwear retailer Blacks Leisure Group Plc has named Peter Williams as interim chairman while the company searches for a permanent replacement following the resignation of David Bernstein last week.

UK: JJB Sports turnaround making "good progress" just-style.com | 8 Jul 11

Retailer JJB Sports Plc today (8 July) said it is continuing to make good progress in carrying out its turnaround plan, but warned the UK retail market "continues to be extremely challenging and is likely to remain so for some time."

UK: JJB Sports admits the hard work is "just beginning" just-style.com | 25 May 11

UK sporting goods retailer JJB Sports Plc today (25 May) warned its turnaround could take as long as five years, after it more than doubled its pre-tax losses to GBP181.4m (US$294.9m) last year.






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