JJB Sports

News

Decathlon eyes up Best Buy stores

23 January 2012 | By Suzanne Bearne

French sportswear retailer Decathlon is reportedly looking to take over several of the Best Buy stores as it plots to open 100 UK stores.

JJB shows improving performance over Christmas

5 January 2012 | By Nicola Harrison

Embattled sports retailer JJB Sports like-for-likes rose 5% in the 4 weeks to December 26.

Profits plunge at JJB

31 October 2011 | By George MacDonald

Sports retailer JJB has suffered a slump in interim profits and poor second half trading has forced a re-budgeting.

JJB directors to be rewarded on turnaround success

5 September 2011 | By Jennifer Creevy

JJB directors are to be incentivised with a reward scheme if they succeed in turning around the fortunes of the ailing sports retailer.

Investigation into sports retail market to close, says OFT

12 August 2011 | By Nicola Harrison

The Office of Fair Trading has provisionally decided to close its investigation into alleged anti-competitive conduct in the sports retail sector.

New brands join line-up as JJB tries to curb losses

27 May 2011

JJB Sports is to address crude buying mistakes and add new brands to its mix to help protect its margins as it seeks to stem losses.

JJB Sports: turnaround will take five years, losses triple

25 May 2011 | By Gemma Goldfingle

JJB Sports chairman Mike McTighe has warned the sports retailer’s turnaround will take up to five years as losses before tax almost tripled to £181.4m in its full year to January 30.

JJB shareholder takes role on its board

6 May 2011 | By Gemma Goldfingle

The director of one of JJB’s largest shareholders has been appointed to the sportswear retailer’s board.

JJB Sports wins £65m lifeline

27 April 2011 | By Amy Shields

JJB Sports’ shareholders have approved the retailer’s £65m fundraising.

JD lashes out as VAT rise is set to cost it £16m in lost sales next year

14 April 2011 | By Victoria Gallagher

JD Sports Fashion has condemned the Government’s VAT rise, arguing it is set to lose about £16m in sales next year due to the 2.5 percentage point increase.

JJB Sports to improve 'retail basics' with £65m fundraising

6 April 2011 | By Nicola Harrison

Sports retailer JJB Sports has said its intended £65m fundraising will help provide management with greater operational flexibility and the money to fund to its turnaround plan.

JJB CVA approved by creditors

22 March 2011 | By Gemma Goldfingle

JJB Sports’ creditors have approved the struggling sports retailer’s CVA proposal.

JJB CVA gets landlord Hammerson's backing

21 March 2011 | By Gemma Goldfingle

JJB Sports’ proposed company voluntary arrangement (CVA) has been bolstered after it won the backing of key landlord Hammerson.

JJB Sports unveils £65m business plan

15 March 2011 | By Jennifer Creevy

JJB Sports said like-for-like sales slumped 13.5% in the period between January 24 and March 13 as the sportswear retailer published its revised business plan and proposed financial arrangements.

JJB asks shareholders for a further £65m

14 March 2011 | By Gemma Goldfingle

JJB Sports is asking its shareholders for an additional £65m to support its survival plans.

JD Sports Fashion and JJB Sports deal is off

11 March 2011 | By Victoria Gallagher

Sale talks between JD Sports Fashion and JJB Sports have broken down after JJB failed to reveal key information about the business.

JJB unveils CVA proposal

3 March 2011 | By George MacDonald

Embattled sports retailer JJB Sports has disclosed terms of its proposed CVA, which is seen by management as key to the retailer’s survival.

JJB submits business plan to banks as CVA proposal delayed

25 February 2011 | By Gemma Goldfingle

JJB Sports has delivered a revised business plan to its lender Bank of Scotland and will release its detailed CVA proposal in the next week.

JJB Sports landlord to oppose CVA

23 February 2011 | By Nicola Harrison

One of the UK’s largest landlords, Capital Shopping Centres, has dealt JJB Sports a further blow and said it would not back the struggling retailer’s company voluntary arrangement (CVA).

JJB Sports' shareholders back £31.5m fundraisin

18 February 2011

Shareholders in troubled retailer JJB Sports have backed a £31.5m fundraising, taking the store group one step forward towards survival.