All Sports, leisure & outdoors articles – Page 94
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NewsStore 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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NewsJJB 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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NewsJJB 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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NewsJD 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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NewsJJB 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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NewsVery 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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AnalysisReady 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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NewsSports 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.
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NewsJJB submits business plan to banks as CVA proposal delayed
JJB Sports has delivered its revised business plan to its lender Bank of Scotland and will release its detailed CVA proposal in the next week.
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NewsJJB may abandon ‘Serious about Sport’ tag
JJB Sports may drop its ‘Serious about Sport’ tagline as part of revival plans because of concerns that it is perceived as intimidating.
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NewsSports Direct sales benefit from troubles at JJB
Sports Direct’s retail sales soared 13.8% during its third quarter as it continued to win market share at JJB Sports’ expense.
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NewsShareholders back troubled JJB Sports' £31.5m fundraising
Shareholders in troubled retailer JJB Sports have backed a £31.5m fundraising, taking the store group one step forward towards survival.
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NewsFindel to restructure in bid to lift performance
Home shopping group Findel aims to raise £80.5m via a rights issue and share placing as it plans to restructure its balance sheet and bids to improve performance.
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AnalysisJJB: Second time lucky?
JJB’s second CVA attempt has called the process into question. Nicola Harrison asks if landlords will throw JJB another lifeline and if the CVA process is fatally flawed
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NewsSports Direct retail sales up 13.8%
Sports Direct has reported retail sales up 13.8% to £371m in the 13 weeks to January 23.
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NewsRetailers fight back against JJB's CVA plan
JJB Sports is facing a backlash from retailers over its plans to undergo a second company voluntary arrangement (CVA).
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NewsSnow + Rock appoints Neil McCausland as non-exec chairman
Outdoor specialist Snow + Rock has appointed Neil McCausland as non-executive chairman.
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NewsJD says chains will stay separate if talks with JJB are successful
JD Sports Fashion executive chairman Peter Cowgill has said that he plans to continue to run JJB Sports as a separate chain if he buys the business, and believes the JD management team can offer expertise to the struggling retailer.