All Sports, leisure & outdoors articles – Page 98
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NewsSports retailers to rally in run-up to Olympics
Sports retailers are set to receive a much-needed boost after years of facing a shrinking market, with sales for the sector expected to soar 21% in the next five years.
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NewsJJB Sports chairman John Clare to be paid in shares
JJB Sports’ chairman John Clare has shown his confidence in the recovery of the sports chain by taking a share award only for his role at the retailer rather than cash.
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Dick's to open 50 stores in 2 years
Dick’s Sporting Goods plans to open about 25 stores this year and the same number next year. But the retailer could increase the number of openings if developers start building shopping centres again, chief executive Ed Stack said.Speaking after Dick’s Sporting Goods annual shareholders meeting, Stack said he was comfortable ...
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NewsFootlocker bid speculation drives shares at JJB Sports
Shares surged in JJB Sports yesterday after speculation that US sports footwear giant Footlocker could make a play for the sportswear retailer.
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NewsSports fashion site Extremepie.com on the market
Sports fashion etail site Extremepie.com has been put up for sale by parent Extreme Sports.
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NewsOFT clears Sports Direct stake in Blacks
The Office of Fair Trading (OFT) has ruled that Sports Direct’s shares in Blacks Leisure did not create any competition issues.
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NewsTheo Walcott axe delivers blow to M&S ad
A Marks and Spencer’s ad campaign suffered a blow when one of its stars, England striker Theo Walcott, was dropped from the England team.
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OpinionJJB Sports has an uphill battle on its hands
As expected JJB Sports figures this morning did not make pretty reading and although steps have been made to start turning the business around it is going to be a long uphill marathon rather than a quick sprint to recovery.
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Foot Locker Q1 sales up 5.3%
Foot Locker’s first-quarter sales increased 5.3% to $1.28bn (£900m) compared with the same period last year.Like-for-like sales increased 4.8%. Total sales for the first quarter increased 3%, excluding the effect of foreign currency fluctuations. Net income was $54m (£36m), compared with $31m (£20m) last year.
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NewsPentland builds stake in Blacks to block another Mike Ashley bid
Updated: Blacks Leisure confirmed today that Pentland Group has snapped up a 5.86% stake in the outdoor specialist.
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NewsSports Direct stake in Blacks diluted after fundraising approved
Mike Ashley’s Sports Direct has had its stake in Blacks Leisure diluted after the outdoor retailer’s £20m fundraising was approved this afternoon.
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NewsJD Sports adds to brand stable with Sonneti acquisition
JD Sports Fashion has bought preppy menswear brand Sonneti from the WDT stable of brands.
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NewsOFT to probe Sports Direct stake in Blacks
The Office of Fair Trading is investigating Sports Direct’s stake in Blacks Leisure which it won ownership of in a High Court claim last week.
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NewsBlacks moves forward with fundraising after a difficult year
Blacks Leisure is pressing ahead with a £20m fundraising as sales start to improve for the outdoor retailer after a year of major restructuring across the business.
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NewsSports Direct confident after strong year
Sports Direct said it was on track to achieve full year underlying EBITDA of at least £160m as sales in the 9 weeks to March 28 grew 2.9% to £214m.
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NewsJD Sports profit rockets 61%
JD Sports Fashion pre-tax profit surged 61% to £61.4m in the year to January 30.
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Migros net sales down 3%
Swiss market leader Migros reported group net sales declined 3% to CHF24.95bn (£14.7bn) for 2009.The group blamed lower prices of Migros’ products, a dramatic drop in crude oil prices and a decline in business travel for the drop. However, net profit soared 20.8% to CHF846m (£500m). And the group’s other ...
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NewsSports Direct makes offer for Faith
Mike Ashley’s Sports Direct is among five bidders to have made offers for footwear specialist Faith, it is understood.