All JJB Sports articles – Page 16
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NewsJJB details plans for CVA and refinancing
JJB has outlined proposals for its company voluntary arrangement (CVA) and details of a refinancing deal with its banks.The landlords of JJB’s 140 closed retail stores will be able to make a claim against a fund of £10m, with two payment instalments, one at the end of September and one ...
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NewsJJB Sports details plans for CVA and refinancing
JJB has outlined proposals for its company voluntary arrangement (CVA) and details of a refinancing deal with its banks.
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AnalysisThe race is on for top spots in sports retail
Dave Whelan wants to turn JJB’s health club chain into a retailer ‘serious about sport’ again, pitching him into a competitive market.
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NewsM&S rounds off good week for retail stocks
Marks & Spencer spearheaded an advance by retail shares on Tuesday, when its fourth-quarter numbers defied downbeat expectations.The retail sector rose 6 per cent on the day, when there was also the successful refinancing of Clinton Cards and placings of Debenhams and Sainsbury’s shares. Improving sentiment towards retailers helped the ...
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News
Mike Ashley transfers his stake in Sports Direct
Sports Direct founder and chief executive Mike Ashley has transferred his entire stake in the sports retailer to a company wholly owned by himself.
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News
Mike Ashley in frame for Chris Ronnie's JJB Sports stake
Former JJB Sports chief executive Chris Ronnie’s 23 per cent in JJB Sports is believed to have been sold to sports tycoon Mike Ashley.
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Opinion
Quarter day: So far so good
This time a week ago, my inbox was buzzing with emails from lawyers, surveyors, agents and more all predicting a rout in the coming weeks as retailers broke their backs to pay this quarter’s rent. Seven days later, and despite the fear, landlords are making very positive noises.
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News
Row breaks out over Chris Ronnie's exit from JJB
Chris Ronnie's exit from JJB Sports could be scrutinised in the law courts after a row broke out on whether he jumped or was pushed from the company.
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OpinionJJB Sports: a game of two halves
All is fair in retail and football. Or not, it seems, if you are old sparring partners Dave Whelan and Mike Ashley in their battle for control over JJB Sports.
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News
JJB sets out plans to secure future after gyms disposal
JJB Sports has today announced plans to propose a Company Voluntary Arrangement (CVA) to its creditors to help secure the financial future of its core retail business.
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News
Dave Whelan: 'I'm absolutely delighted to be back in the game'
Dave Whelan has bought JJB Sports' 53 fitness clubs and 51 associated stores, he has confirmed to Retail Week.
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News
Dave Whelan confirms JJB fitness clubs deal
Dave Whelan has confirmed his acquisition of JJB Sport's fitness clubs.
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News
JJB Sports in eleventh-hour talks on clubs sale
JJB Sports remains locked in talks to sell its fitness clubs division despite the expiry yesterday of an extension to its standstill agreement with lenders.
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News
JJB close to sale of fitness arm
A sale of JJB Sports' gyms business to the retailer's founder Dave Whelan is imminent, despite reports Sports Direct boss Mike Ashley has made moves to thwart the deal.
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News
JJB Sports examines restructuring options as standstill agreement extended
JJB Sports has received a further extension on its standstill agreement with its banks as it examines restructuring options for the business.
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News
JJB poised to sell health clubs arm to Dave Whelan
JJB is understood to be in the final stages of negotiations to sell its health clubs business to the chain’s founder Dave Whelan.
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News
Eyes on JJB Sports as end of loan extension looms
Fears were growing over the future of JJB Sports as Retail Week went to press and the expiry of a standstill extension agreement with lenders loomed.
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News
JJB receives offers for its health clubs business
JJB has confirmed it has received a number of offers for its health clubs business.
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News
JJB Sports rejects Chris Ronnie's resignation
JJB Sports has rejected Chris Ronnie’s resignation, saying that the statement issued by his lawyers was done without the retailer's knowledge.
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Opinion
Getting JJB match-fit again
Like Didier Drogba, sports retailer JJB has spent more time on the bench than in competition of late. Once hailed as a premiership business, JJB has been teetering on the brink of permanent relegation for several seasons – outplayed by rivals such as Sports Direct and top of the league ...