Lingerie company Intimas Group said its full-year results would show improved trading, despite a challenging run-up to Christmas. Order intake for the first quarter had been encouraging, the company said. Shares rose 0.75p to 18.75p.
JJB Sports founder David Whelan trousered more than £50 million in a shares sell-off, dashing hopes he would lead a takeover. Whelan, who is now a non-executive director, cut his stake to 29%. Shares fell 11.75p to 250p.
The sports sector was awash with rumours that Mike Ashley was gearing up for a £2 billion float of Sports World, which could lead to him stepping down as boss. John David Group rose 14.5p to 383p, and Blacks Leisure was up 3.25p to 333p.
Marks & Spencer boss Stuart Rose was trying to stave off the threatened departure of retail director Anthony Thompson as Drapers went to press. Shares dipped 3.5p to 678p.