All Sports, leisure & outdoors articles – Page 86
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News
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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DW Sports joins buying group Intersport
DW Sports, set up by JJB Sports founder Dave Whelan, has joined sportswear buying group Intersport.
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Sports Direct appoints former Irish politician as non-exec director
Sports Direct has appointed former Irish politician Charles McCreevy as non-executive director.
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Analysis
Behind the scenes at Sports Direct
Chief executive Dave Forsey gives Gemma Goldfingle the inside perspective on Sports Direct and takes her on a tour of its Shirebrook nerve centre.
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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 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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Go Outdoors to sell stake to private equity
Outdoors specialists Go Outdoors is poised to sell a minority stake to a private equity firm to fund its expansion plans.
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American Golf owner kicks off £80m sale talks
Lloyds Development Capital is understood to have started talks with financial advisers over a sale of American Golf for up to £80m.
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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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Sports Direct throws down gauntlet to rival Decathlon
Sports Direct chief forecasts the pair will fight it out for global dominance over the next 10 years
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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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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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Very joins forces with Ferdinand’s footwear
Shop Direct has struck a deal with England and Manchester United footballer Rio Ferdinand to sell his footwear range via its Very brand, and is opening a dual-branded pop-up shop to promote the partnership.
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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.