All Sports, leisure & outdoors articles – Page 101
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NewsSports Direct trading stays in line with expectations
Sports Direct has said that trading has remained in line with group expectations and is on track to achieve underlying EBITDA of at least £150m in its current financial year.
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NewsJJB shareholder sells 22 million shares ahead of capital raising
One of JJB Sport’s largest shareholders, Crystal Amber Fund, has sold over half of its shares in the retailer but says it will support its proposed capital raising.
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NewsSerious Organised Crime Agency probes former JJB Sports executives
Former JJB Sports executives are facing the scrutiny of the Serious Organised Crime Agency and HM Revenue, piling more pressure on the sports retailer that is already under investigation by the Office of Fair Trading and the Serious Fraud Office.
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NewsJJB proceeds with £100m fundraising
JJB Sports has unveiled details of its £100m equity raising and new banking terms.
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NewsJJB equity issue to raise £100m
JJB Sports is to launch a £100m equity issue in the latest phase of its turnaround battle following its CVA earlier this year.
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AnalysisSimon Bentley: Planning a comeback at Blacks?
Last week Retail Week revealed that sports retail veteran Simon Bentley is plotting a return to Blacks. Lisa Berwin finds out more about the man.
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NewsNext opens first dedicated shop-in-shop sportswear departments
Next has opened its first dedicated shop-in-shop sportswear departments in three of its stores.
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NewsNext launches branded sportswear departments
Next is introducing branded sportswear shop-in-shops into its stores.
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NewsJJB Sports first-half losses skyrocket as suppliers hold back stock
JJB Sports has continued to struggle with a poor stock position as it battles on in its survival fight.
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NewsBlacks Leisure to close 89 stores
Blacks Leisure is to shut 89 of its loss-making stores and cut jobs at its head office as part of a restructuring.
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NewsBlacks considers CVA
Blacks Leisure is planning a company voluntary arrangement in order to secure its future.
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NewsJJB Sports spent £3.7m with directors’ companies
JJB Sports spent £3.7m in the past 18 months on goods and services from companies linked to its own directors.
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NewsYouth unemployment won’t hit JD, says boss
JD Sports Fashion chief executive Barry Bown said he was cautiously optimistic about prospects for the year ahead and shrugged off concerns that rising youth unemployment could slow growth.
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NewsBlacks Leisure warns covenant breach likely
Blacks Leisure has warned that it is likely to breach a banking covenant following difficult trading at its boardwear division and has struck a standstill agreement with its bank.
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NewsJD Sports pre-tax profits jump 14.5%
Sports fashion retailer JD Sports Fashion revealed a 14.5% increase in group pre-tax profits before exceptional items to £14.2m in the 26 weeks to August 1.
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NewsMike Ashley’s PR behind Chris Ronnie statement
The press releases sent out defending Chris Ronnie against accusations of bad practice when he was chief executive of JJB Sports were sent by Mike Ashley’s personal PR firm, Retail Week can reveal.
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OpinionSize is everything as N Brown prepares to take on High & Mighty
They say size isn’t everything but if you are in fashion it certainly is.
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NewsSerious Fraud Office probes JJB and Sports Direct
Following the launch of an OFT inquiry into the sports retail market, it has emerged that the Serious Fraud Office has begun an investigation into JJB Sports and Sports Direct.
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NewsJJB sparks OFT 'cartel' investigation
Sports group JJB has taken concerns about possible cartel activity in the sports retail market to the OFT which has launched an investigation.
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NewsSports Direct lifts profit forecast
Sports Direct has raised its annual earnings forecast after enjoying a jump in sales during the summer.