JJB Sports Plc
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UK: Sports Direct cleared for store purchases
The UK's Competition Commission (CC) has formally cleared the acquisition by Sports Direct of 31 stores from rival JJB Sports plc (JJB) following an inquiry.>
UK: Sports Direct ups outlook as probe OKs store deal
Retailer Sports Direct International Plc today (11 February) raised its full-year profits guidance for the second time in two months and said the Competition Commission has provisionally cleared its acquisition of 31 stores from rival JJB Sports.>
UK: Sir David Jones steps down as JJB chairman
Sir David Jones is to step down as chairman of sportswear retailer JJB Sports at the end of this month for health reasons, the company said today (28 January).>
UK: JJB sees full-year sales plummet
UK sporting goods chain JJB Sports has reported tumbling sales for the fiscal year as it continues to struggle with stocking issues.>
Top stories on just-style this week...
Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.>
UK: JJB sees interim revenues plunge 29%
Sporting goods chain JJB Sports has seen sales plummet since it reached the first half of its financial year, and said in an interim statement today (17 December) that it remains cautious about the festive period.>
Top stories on just-style this week...
Here is a roundup of the top five most-read stories on just-style. Click on each headline for the full story.>
INSIGHT: Can Keith Jones put the spark back into JJB?
The appointment of a new chief executive at major UK sportswear retailer JJB Sports, after just under a year-long search, will comfort the company's shareholders, particularly given the unsettling exit of its previous boss.>
INSIGHT: Sports Direct eyes World Cup glory
Pinning your hopes on the success of the England football team can be a soul-destroying business, as any long-suffering fan will tell you. So it’s as well that the success of retailer Sports Direct International is built on more than the penalty-taking prowess of Rooney, Gerrard, Lampard and co.>
UK: JJB Sports appoints Keith Jones as chief executive
UK sportswear chain JJB Sports has announced the appointment of Keith Jones as its chief executive.>
UK: JD Sports sells remaining JJB shares
Sporting goods firm JD Sports has sold its remaining stake in rival retailer JJB Sports, it announced today.>
COMMENT: Landlord leeway makes sense for all concerned
Today's news that Blacks Leisure Group has sealed approval from landlords for compromised rental terms is a relief for the UK high street.>
UK: Blacks succeeds with CVA proposal
UK outdoor retailer Blacks Leisure Group has today (23 November) secured creditor approval of a CVA proposal vital to its restructuring efforts.>
UK: JJB shareholder in profit-taking move
One of the major shareholders of beleaguered retailer JJB Sports has scored a GBP2.2m (US$3.6m) profit by selling more than half its stake in the company.>
UK: JJB confirms GBP100m rights issue
Recession-battered retailer JJB Sports has confirmed details of a GBP100m (US$158m) rights issue designed to boost the company’s future trading position.>
UK: JJB Sports prepares GBP100m rights issue
UK sporting goods retailer JJB Sports has confirmed reports it plans a GBP100m rights issue to raise finances.>
UK: JJB Sports confident despite H1 loss
Sporting goods retailer JJB Sports has announced spiralling losses for the first half of the year, but remains confident that restructuring moves will eventually pay off.>
UK: Sports Direct and JJB face competition probe
UK sporting goods chains Sports Direct International and JJB Sports both received visits from investigators today (10 September), probing a suspected agreement to dampen competition in the sports retail market.>
UK: OFT refers Sports Direct case to Competition Commission
The UK's Office of Fair Trading (OFT) has referred retailer Sports Direct International's acquisition of 31 stores from JJB Sports to the Competition Commission.>
Forget Coronation Street, the UK's North West is home to a new soap opera with a plot far more gripping than anything on TV.>
UK: JJB and Sports Direct lock horns in Wigan
A war of words has broken out between leading UK sportswear chains JJB Sports and Sports Direct International.>
UK: JJB Sports H1 sales fall 40% on low stock levels
Troubled sportswear retailer JJB Sports today (24 July) said a 40% drop in first-half sales was in line with expectations, but that it expects performance to improve by the end of the year.>
Top stories on just-style this week...
Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.>
UK: Sports Direct sends JJB letter to FSA - report
UK sportswear retailer Sports Direct has reportedly given the Financial Service Authority written notice of the well-publicised GBP1.5m loan its owner Mike Ashley gave to JJB Sports chairman Dave Jones.>
UK: JJB shares up after Bill Gates buys stake
Shares in UK retailer JJB Sports were boosted today (16 July) by news that Microsoft founder Bill Gates had bought a stake in the firm.>
Top stories on just-style this week...
Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.>
UK: JJB Sports pledges support for CEO over GBP1.5m loan
Troubled UK sportswear retailer JJB Sports Plc has come out in support of its executive chairman Sir David Jones, after it was revealed at the weekend that he had received a GBP1.5m loan from Mike Ashley, the owner of arch rival Sports Direct.>
UK: JJB Sports seeks GBP50m amid CEO loan row
UK sportswear retailer JJB Sports Plc today (6 July) confirmed it hopes to raise GBP50m (US$80.6m) to fund its turnaround plan – as it emerged the company’s executive chairman had received a GBP1.5m personal loan from Mike Ashley, the owner of arch rival Sports Direct.>
UK: Retailer Mr Shoes calls in the administrators
Norfolk-based footwear chain Mr Shoes has called in the administrators, in a move that is likely to lead to the loss of 60 jobs.>
UK: JJB Sports completes refinancing
JJB Sports, the retailer rescued from the brink of bankruptcy, has now completed its refinancing process with major lenders Bank of Scotland and Barclays.>
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