All Sports, leisure & outdoors articles – Page 100
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NewsSports Direct profits up as bonus scheme pays off
Sports Direct gross profit increased 5.4% to £117m in the 9 weeks to September 26 as its bonus share scheme paid off.
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NewsNo 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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AnalysisIf 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?
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NewsWiggle profits up 59%
Bikes etailer Wiggle has revealed that profits surged 59% to £7.1m in the year to January 31.
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GalleryPuma Rewind
To be fair this is only partly a shop, if you regard one of the functions of a shop as being to display goods that people might want to buy. This is, self-evidently, a truck that appears to have a variant of a Chinese puzzle along one of its sides.
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NewsJJB Sports funding concern prompts big broker downgrade
Broker Singer has slashed its price target for JJB Sports by more than a third to just 8p because of concerns about the retailer’s funding and punishing trading conditions.
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NewsJJB cuts losses but prepares for promotional blitz
JJB Sports has hailed “steady progress” in its turnaround after cutting losses and fattening margins in its first half.
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NewsProfits leap at JD Sports Fashion
JD Sports Fashion has posted a 64% rise in profits and expects continued growth.
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NewsSnow+Rock sets out plans to grow as management buyout team takes over
Snow+Rock managing director Dion Taylor has said he will open further stores following the management buyout of the company that was completed this week.
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NewsPixmania moves into new product ranges
Pixmania, the etailer owned by electricals group Dixons, is to extend its range of product categories as it seeks to establish leading positions in new fields.
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NewsSnow+Rock sold to management
Outdoors specialist Snow +Rock has been bought by its management, backed by private equity firm LGV capital, for an undisclosed sum.
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NewsIntersport teams up with The Hut to boost website visitor numbers
Intersport has joined forces with ecommerce specialist The Hut to build a bigger online presence.
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NewsStrong first quarter for Sports Direct
Sports Direct had a strong first quarter despite a poor performance from the England team in the football World Cup with sales up 8.8% to £408m in the 13 weeks to July 25.
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News
Conversion rates jump 20% on new Blacks site
Outdoor specialist Blacks Leisure has relaunched its website to give customers a better online experience and ensure branding consistency across its stores and etail offer.
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NewsSnow+Rock snaps up Runners Need
Outdoor specialist Snow+Rock has bought running specialist Runners Need for an undisclosed sum.
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NewsMountain Warehouse deal values store group at £50m
Private equity firm LDC acquires stake in fast-growing outdoor gear specialist
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NewsAndy Bond gets a Wiggle on
Former Asda CEO Andy Bond is back in the saddle as he takes a stake in fast-growing bikes etailer Wiggle
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NewsIn Focus: American Golf Discount Centre
American Golf Discount Centre is the UK’s largest specialist golf retailer, the name inherited when Howard and Robert Bilton acquired their first retail store, having previously traded from a garden shed at their golf club.
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NewsGo Outdoors appoints Lovering chairman as it eyes new stores
Go Outdoors is seeking a sale or float in the future to help the retailer reach its ambitious growth plans after hiring private equity tycoon John Lovering as chairman.
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NewsJJB Sports finance director to quit
JJB Sports finance director Lawrence Coppock has revealed he intends to leave the troubled retailer within the next 12 months.