All JJB Sports articles – Page 7
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News
City expecting better news from retailers
A downbeat assessment of retail conditions from the CBI on Tuesday unsettled investors but just a day later fashion bellwether Next posted a better than expected first quarter, helped by warm weather.
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JJB Sports shareholders approve £65m fundraising
JJB Sports’ shareholders have approved the retailer’s £65m fundraising.
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JD lashes out as VAT rise is set to cost it £16m in lost sales next year
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.
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Bad news hammers store stocks yet again
General retail stocks had a poor week as a raft of bad news from non-food retailers brought home just how tough trading is.
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JJB Sports to improve 'retail basics' with £65m fundraising
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.
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JJB granted second shot at survival after CVA agreed
JJB Sports has been given the green light for a company voluntary arrangement (CVA) by creditors and shareholders in order to stave off administration.
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JJB CVA approved
JJB Sports’ creditors and shareholders have approved the struggling sports retailer’s CVA proposal.
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JJB to reveal result of life-saving CVA today
Troubled sports retailer JJB Sports has said it expects to reveal the results of its company voluntary arrangement (CVA) meetings later today.
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JJB CVA gets landlord Hammerson's backing
JJB Sports’ proposed company voluntary arrangement (CVA) has been further bolstered as it wins landlord Hammerson’s backing.
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Store revamps at heart of JJB’s recovery plans
JJB Sports chief executive Keith Jones is confident that its new business plan can revive the ailing sportswear retailer, despite like-for-likes slumping 13.5% from January 24 to March 13.
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Markets are shaken by Japanese disaster
The earthquake in Japan shook the stock markets worldwide as investors assessed what the costs, commercial as well as human, might be.
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JJB bolstered by landlord Peel's backing
One of JJB’s largest landlords Peel Holdings has bolstered the struggling retailer’s survival plans by backing its CVA proposal.
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JJB unveils £65m new business plan
JJB Sports has reported like-for-likes fell 13.5% from January 24 to March 13 as it issues its revised business plan and proposed financial arrangements.
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Spar appoints Debbie Robinson as managing director
Spar UK has appointed Debbie Robinson as its new managing director.
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JJB asks shareholders for a further £65m
JJB Sports is asking its shareholders for an additional £65m to support its survival plans.
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JD Sports Fashion and JJB Sports talks are off
JD Sports Fashion has announced it has no intention to make an offer for JJB Sports, claiming JJB has failed to reveal key information about the business.
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Analysis
Ready for a rematch?
If its second CVA is successful, that is just the start of the fight to give JJB a sustainable future. Gemma Goldfingle looks at the challenges facing new chairman Mike McTighe
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Little relief in sight as stores sector stays flat
The stores sector was flat as a Shrove Tuesday pancake - perhaps a better performance than might have been expected as the latest BRC sales data showed the worst growth in almost two years.
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JJB meets its shareholders ahead of fundraising plea
JJB Sports chief executive Keith Jones has visited the US to brief big shareholders in preparation for the retailer’s next round of fundraising.
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Sports Direct gets all-clear from SFO
Sports Direct has reported that the Serious Fraud Office has dropped investigations into any individuals connected to the retailer.