Sports Direct International Plc

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UK: JJB Sports seeks GBP50m amid CEO loan row just-style.com | 6 Jul 09

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: 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: '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: Blacks Leisure ends offer talks just-style.com | 26 Mar 09

Outdoor clothing retailer Blacks Leisure has ended talks with a bidder widely rumoured to be Sports Direct founder Mike Ashley over a possible takeover offer for the group.


UK: Sports Direct FY earnings “on track” after 12% sales hike just-style.com | 18 Feb 09

Retailer Sports Direct International is on track to meet market expectations for full-year earnings after sales jumped 12% in the 13 weeks to 25 January.


UK: Blacks Leisure in talks with bidders just-style.com | 11 Feb 09

Outdoor apparel retailer Blacks Leisure has received approaches concerning a possible offer for the group.


UK: OFT clears Sports Direct's stake in JJB just-style.com | 28 Jan 09

The UK's Office of Fair Trading has decided that Sports Direct's stake in JJB has not created a "relevant merger situation" and allowed the investment to go ahead.


Top stories on just-style this week... just-style.com | 19 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: 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.


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: 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.


UK: JJB in talks to sell fitness clubs as JD buys stake just-style.com | 25 Nov 08

Debt-ridden retailer JJB Sports is in talks to sell its roster of fitness clubs – and rival JD Sports Fashion has taken a 10% stake in the company.


UK: JJB boasts sales increases at 'new era' stores just-style.com | 24 Nov 08

Sporting goods retailer JJB Sports said sales at all its new concept stores opened over the past year have increased by at least 20%, with the new format helping to re-energise the JJB brand.


UK: JJB unveils new retail management team Joe Ayling | 7 Nov 08

Embattled UK sporting goods retailer JJB Sports has restructured its retail operations management team, which will be headed by Phil Swaine, its associate director of retail operations.


Top stories on just-style this week... just-style.com | 24 Oct 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: Sports Direct FY “in line with expectations” just-style.com | 23 Oct 08

Retail group Sports Direct is expecting full-year underlying earnings to be in line with market expectations, despite battling the toughest trading conditions in the company’s history.


UK: Sports Direct buys 5% stake in JJB just-style.com | 20 Oct 08

UK sporting goods retailer Sports Direct has snapped up a GBP3.4m (US$5.9m) stake in rival operator JJB Sports today (20 October), representing a 5% share in the business.


UK: JJB ponders asset sell-off as JD rumours surface just-style.com | 14 Oct 08

Embattled sporting goods retailer JJB Sports says it is considering selling "one or more of its non-core assets and businesses", fuelling speculation that rival retailer JD Sports could be a potential bidder for two of its sportswear chains.


UK: Sports Direct lifts stake in rival JD Sports just-style.com | 23 Sep 08

Sporting goods chain Sports Direct has increased its stake in rival UK retailer JD Sports, which today (23 September) posted a 54% increase in profits for the first half.


UK: Sports Direct's growth stunted by tough market just-style.com | 10 Sep 08

Sporting goods retailer Sports Direct has posted a GBP1m (US$1.76m) increase in both sales and profits during the past quarter, as the chain continues to experience the hardest trading period in its history.


Top stories on just-style this week... just-style.com | 11 Jul 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: Annual profits halve at Sports Direct just-style.com | 10 Jul 08

UK sportswear retailer Sports Direct has reported a 51% fall in annual profits to GBP85m, after being hit by the toughest trading period in its history.


In the money: Competition rife in sportswear just-style.com | 15 May 08

The choice between fight and flight is taking on a new meaning in the sporting goods sector. Brands are soaring by exploiting new opportunities in emerging markets, while a subsequent fight for remaining market share is taking shape closer to home, as Joe Ayling reports.


US: Everlast launches new ad campaign just-style.com | 28 Mar 08

Boxing and apparel brand Everlast Worldwide has launched a new advertising campaign using the tagline Greatness is Within.


Top stories on just-style this week... just-style.com | 8 Feb 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: Sports Direct targets China via £20m retail deal just-style.com | 6 Feb 08

Sports Direct International is to sell its leasurewear brands in China after inking a GBP20m deal with domestic retailer ITAT Group Limited.


UK: Umbro shareholders accept $565m Nike offer just-style.com | 31 Jan 08

The shareholders of UK football brand Umbro have voted in favour of a proposed GBP285 (US$565m) takeover offer from sporting goods giant Nike today (31 January).

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