JJB Sports Plc

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UK: JJB posts GBP189m loss in turbulent fiscal year just-style.com | 21 May 09

Sportswear chain JJB Sports has swung to a pre-tax loss of GBP189m (US$295.3m) for the fiscal year, compared to profits of GBP11m in 2008, as restructuring and impairment charges hit home.


UK: JD shares boosted by JJB bid rumours just-style.com | 11 May 09

Shares in UK sportswear retailer JD Sports rose 3.7% today (11 May) following newspaper reports it wants to buy struggling rival JJB Sports.


UK: JJB rescued by successful CVA vote just-style.com | 27 Apr 09

UK retailer JJB Sports has been saved from a possible collapse by a vote in favour of company voluntary arrangements (CVA) proposals by creditors.


In the money: JJB Sports banks on CVA rescue plan just-style.com | 24 Apr 09

The next few days will be the most important in the history of ailing retailer JJB Sports. If the company’s creditors accept the terms of a company voluntary arrangement (CVA), JJB will live to fight another day; if not, administration beckons. So what is a CVA? Could it help other struggling retailers? And will it work for JJB? Richard Woodard reports.


Top stories on just-style this week... just-style.com | 17 Apr 09

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: 'Mystery investor' central to JJB plans just-style.com | 14 Apr 09

Plans to rescue retailer JJB Sports through an agreement with its creditors could be challenged in the courts by shareholders – and the identity of at least one of them remains a mystery.


UK: JD Sports bucks trend with 9% FY profit hike just-style.com | 8 Apr 09

JD Sports Fashions has bucked the gloomy UK retail trend by posting a 9% rise in full-year pre-tax profit to GBP38.2m (US$56.1m).


UK: JJB agrees further credit terms just-style.com | 7 Apr 09

Ailing retailer JJB Sports has agreed further credit facilities with its bankers as it continues its attempts to recover from near-bankruptcy.


UK: Fitness clubs sale gives JJB breathing space just-style.com | 26 Mar 09

Beleaguered retailer JJB Sports has earned breathing space from its creditors after selling its fitness clubs business to company founder Dave Whelan for GBP83.4m (US$121.6m).


UK: Jobs axed as 10 Qube, OSC shoe stores close just-style.com | 19 Mar 09

More than 121 jobs have been axed after the administrators of the Original Shoe Company and Qube footwear outlets closed a further ten stores.


UK: JJB considers solvent restructuring options just-style.com | 17 Mar 09

Sportswear retailer JJB Sports has confirmed it is exploring a number of solvent restructuring options, after press speculation it was considering a company voluntary arrangement (CVA) for some of its stores.


UK: JJB shares boosted by fitness club talks just-style.com | 16 Mar 09

Sportswear retailer JJB Sports saw its share price soar Monday (16 March) after media reports it was close to selling its fitness clubs business.


Top stories on just-style this week... just-style.com | 20 Feb 09

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: 438 jobs lost at JJB-owned chains just-style.com | 19 Feb 09

The administrators appointed to JJB Sports' lifestlye division have announced the closure of 45 subsidiary stores, resulting in 438 more redundancies on the UK high street.


UK: JJB appoints administrators to lifestyle units just-style.com | 19 Feb 09

Sporting goods chain JJB Sports has confirmed appointing administrators to its lifestyle stores Original Shoe Company and Qubefootwear.


Top stories on just-style this week... just-style.com | 13 Feb 09

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 wins breathing space to sell fitness clubs just-style.com | 13 Feb 09

Beleaguered retailer JJB Sports has been given extra time by its bankers to complete the sale of its fitness clubs business and pay off its debts.


UK: JJB puts fashion chains into administration just-style.com | 10 Feb 09

Struggling retailer JJB Sports is to place its lifestyle division into administration, putting 77 stores and up to 800 jobs at risk.


UK: JJB boss suspended amid share probe just-style.com | 21 Jan 09

Chris Ronnie, the chief executive of ailing UK retailer JJB Sports, has been suspended pending the outcome of an investigation into the disposal of his stake in the company.


Top stories on just-style this week... just-style.com | 16 Jan 09

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 posts FY profits warning as Xmas sales slip just-style.com | 14 Jan 09

British sportswear retailer JJB Sports today (14 January) warned that it expects to post a full-year loss after sales fell over the key Christmas trading period.


UK: JD Sports benefits from Christmas discount delay just-style.com | 9 Jan 09

UK sportswear retailer JD Sports Fashion has posted a 2.8% increase in like-for-like revenues over the festive period, after delaying its Christmas sale until Boxing Day in an attempt to maintain margins.


UK: JJB appoints Sir David Jones as executive chairman just-style.com | 2 Jan 09

UK sportswear retailer JJB Sports has today (2 January) announced the appointment of Sir David Jones, currently its deputy chairman, to the role of executive chairman.


UK: Sports Direct H1 underlying earnings up 7.4% just-style.com | 17 Dec 08

A “back to basics” approach has helped retailer Sports Direct post a better-than-expected 7.4% rise in underlying earnings during the company’s first half.


Top stories on just-style this week... just-style.com | 12 Dec 08

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 reports 7.5% sales fall, repays GBP20m to banks just-style.com | 10 Dec 08

Sporting goods retailer JJB Sports today (10 December) said its total sales in the 19 weeks to 7 December were 7.5% lower than the same period last year, and that it has agreed to pay GBP20m (US$29.6m) to three of its lenders.


UK: JJB appoints adviser as debt talks continue just-style.com | 10 Dec 08

UK sporting goods chain JJB Sports will later today (10 December) update the market on its trading after a fall in share prices last week.


UK: Peacocks suppliers see credit insurance reduced just-style.com | 9 Dec 08

UK value fashion retailer Peacocks says that credit insurance cuts at some of its suppliers are due to general clothing sector trends rather than its own form.


UK: OFT probes Sports Direct’s stake in JJB just-style.com | 3 Dec 08

Competition watchdog the Office of Fair Trading (OFT) is looking into retailer Sports Direct’s acquisition of a stake in beleaguered rival JJB Sports.


UK: Sports Direct takes over four JJB store leases just-style.com | 1 Dec 08

UK sporting goods retailer JJB Sports has offloaded the leases for four of its retail stores to rival chain Sports Direct for GBP3.4m (US$5.04m), in a move to reduce debts.

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