All JJB Sports articles – Page 9
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News
A tough start to the year for retail shares
General retail stocks began the year in deep freeze as the reporting season got under way.
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News
JJB to ask shareholders for further £50m
Troubled sports chain JJB Sports is expected to ask investors for a further £50m following the £31.5m promised before Christmas, according to reports over the weekend.
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News
Bill Gates rides to JJB Sports' rescue as Clare stands down
JJB Sports has this morning disclosed details of a £31.5m cash call, boardroom changes and a further sales slump.
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News
JJB Sports to launch £30m fundraising
Sports specialist JJB Sports is to stage a £30m fundraising and make boardroom changes, it is understood.
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News
Stakebuilders spot an opportunity in retail
Retail shares, like the temperature, dipped below zero as the big freeze was reflected in icy investor attitudes towards stores on fears that trading will suffer in the golden period.
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Analysis
In need of specialist treatment
Across games, music, sport and electricals, specialist retailers are suffering, but what is the diagnosis and can they be brought back to health, asks Nicola Harrison
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Analysis
Dave Forsey
The chief executive of Sports Direct may live his working life in the shadow of Mike Ashley but his vital role has gained him respect from the City.
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Opinion
Retailers need a thaw for a happy Christmas
Retailers are in the habit of blaming the weather when things don’t go to plan, but this Christmas it’s a genuine excuse.
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News
Sports Direct profits surge
Sports market leader Sports Direct notched up a 40% rise in underlying pre-tax profits following a lucrative World Cup.
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News
JJB holds onto support of key supplier Nike
Struggling retailer JJB Sports is holding onto the support of key suppliers despite its difficulties.
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News
Retail gets the thumbs up as it outperforms
Investors filled their shopping trolleys with general retail and food stocks alike. The former outperformed the market despite lacklustre BRC sales data for November but are still down year on year.
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News
JJB likely to breach banking covenants
JJB Sports has said it is likely it will breach its banking covenants as trading conditions have remained challenging and like-for-like sales remained below expectations.
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News
Retail bears up as FTSE slides on Irish bailout
Stores of all types were down over the week but a little less than the market as a whole, which took fright at the emergency bailout of Ireland.
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News
JJB issues profit warning as sales fall short
Sports group JJB has issued a profit warning after like-for-like sales failed to meet expectations.
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News
JJB issues profit warning
JJB Sports has issued a profit warning after like-for-like sales in its current trading period were lower than anticipated.
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News
FSA fine won’t hit JJB’s forecasts
JJB Sports is to be fined £455,000 by the Financial Services Authority (FSA) for a breach of disclosure and transparency rules that occurred before its interim results in September 2008.
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News
Bullish outlook for retail despite jitters
General retailers were down over the week while their food counterparts were up - both underperformed a flattish market.
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News
No charges to be brought against JJB Sports and Sports Direct, SFO concludes
The Serious Fraud Office (SFO) will confirm imminently that its investigation into Sports Direct and JJB Sports is over and no charges will be brought against the companies, the retailers revealed in regulatory announcements this morning.
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Analysis
United we stand
When JJB Sports lost its battle earlier this summer to de-recognise the GMB union that represents staff at its Wigan warehouse, the case illustrated the conflict-ridden relationships that some retailers continue to have with unions.
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Analysis
If consumer confidence is down, why are sales rising?
Consumer confidence has fallen yet again and many expect the decline to continue - so why are sales growing, with shoppers seemingly defying their mood?