Tough times for sportswear firms?
UK: JJB closing 72 stores after FY profit slump
UK sportswear retailer JJB Sports is to close 72 of its stores after reporting a 71.9% slump in annual pre-tax…
UK: JD hails “substantial progress” as FY profit doubles
Sports and leisurewear retailer John David Group (JD) more than doubled its full-year pre-tax profit to GBP35m (US$68.9m) on stronger…
US: Finish Line stumbles to FY loss on Genesco expenses
Expenses related to its aborted merger with Genesco helped retailer The Finish Line slide into the red with a full-year…
US: Foot Locker cautious after Q4 profit drops 23%
Specialist retailer Foot Locker is planning more store closures after reporting a 23% nosedive in profits during the fourth quarter.…