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- JJB wins stay of execution as Stylo folds
- JJB granted debt payment extension, but Stylo's CVA is rejected by landlords The ailing sportswear and equipment retailer JJB Sports won an eleventh-hour reprieve from its banks yesterday, but the owner of the shoe chain Barratts is to appoint an administrator, putting thousands of jobs at...
- Research articles 2009-02-14
- JJB Sports faces Pounds 10m full-year loss
- Business in brief RETAIL Nearly 20 per cent was wiped off the value of JJB Sports yesterday as the sportswear and equipment retailer said it expected to make a full-year loss of up to 10m after its underlying sales and margins fell. The Christmas trading...
- Research articles 2009-01-15
- JJB to investigate chief executive's share transfer
- JJB Sports is to launch an investigation into its chief executive, Chris Ronnie, after discovering that his 27.5 per cent stake in the company was transferred to a stricken Icelandic bank at some point last year. Mr Ronnie did not notify the beleaguered sportswear retailer of the transfer...
- Research articles 2009-01-14
- JJB Sports names Next veteran as exec chairman
- Business in brief RETAILING The ailing sportswear retailer JJB Sports has appointed Sir David Jones, the former chief exec-utive of Next who turned around the fashion retailer in the late 1980s, as executive chairman. JJB said that Chris Ronnie would continue as JJB's group chief exec-utive, but...
- Research articles 2009-01-03
- Whelan plans Pounds 100m rescue of JJB Sports
- Briefing DAVE WHELAN, the founder of JJB Sports, is in talks to buy part of the company for around 100m. The owner of Wigan Athletic football club founded JJB in 1977, but sold his 29 per cent stake in the retailer last year to Chris Ronnie, now...
- Research articles 2008-11-25
- Kaupthing's positions keep traders busy
- Market Report IT WAS A savage day in London, with the market swings leaving traders with whiplash as they tried to digest the emergency bank bailout and the interest rate cut. When the dust had settled, it was clear that fear was still stalking the market as...
- Research articles 2008-10-09
- JJB launches MiFit, its new budget club concept—at 9.95 [pounds sterling] a month
- JJB sports has chosen Cardiff for the UK launch of MiFit.Com, its new budget gym concept. The MiFit.Com concept does away with contracts so consumers are not tied to the club for a minimum length of time. Priced at 9.95 [pounds sterling] per month--which JJB claims is the the...
- Research articles 2008-07-01
- Recovery looks a distant goal for JJB Sports
- THE WEEK IN REVIEW At an initial glance, there is little in JJB Sports to attract investors. Sales were down 8 per cent in the 13 weeks to the end of April; revenues fell 8.3 per cent. Dresdner Kleinwort says JJB is trading at 14 times estimated 2009...
- Research articles 2008-05-24
- West Coast Capital sells Qube Footwear to JJB Sports for Pounds 1
- Business News IN BRIEF *The retail chain JJB Sports said it has bought Qube Footwear from a private equity group run by the Scottish billionaire Sir Tom Hunter for a nominal sum of 1. JJB adds the 22-store Qube business to its growing footwear arm, having already bought...
- Research articles 2008-05-23
- JJB Sports axes 72 shops after profits dive 28%
- JJB Sports is axing 800 jobs and closing 72 of its shops to try to improve performance after profits dropped 28.5 per cent last year. But analysts have maintained a "buy" on the company's stock, and the 7p final dividend has been held level, indicating confidence in both...
- Research articles 2008-04-17
- City Trades: JJB Sports (JJB).
- Chart master Tarquin Coe thinks JJB Sports is the depths of fashion. Tarquin Coe JJB Sports is at a key juncture as it encounters the 50-day exponential moving average and resistance at 120p, formed from a weekly price spike back in 2002, says...
- Research articles 2008-02-19
- JJB Sports outlines strategic initiatives.
- New chief executive Chris Ronnie is trialling a new-style store to rejuvenate the retail chain, and plans to move the group upmarket Shunil Roy-Chaudhuri It was the new strategy from chief executive Chris Ronnie, in the job for just six weeks, which attracted most...
- Research articles 2007-10-01
- Health clubs drive revenue improvement at JJB
- JJB Sports, the sportswear retailer and operator of indoor soccer centres and health clubs, told shareholders at its annual general meeting that revenues from its non-retail businesses are 20.4% ahead of last year, for the 24 weeks to 15 July 2007. However, total revenue for the period was 3.9%...
- Research articles 2007-08-01
- JJB Sports in the takeover frame.
- Dave Whelan's decision to sell his 29 per cent stake makes JJB Sports a more likely takeover target. Shunil Roy-Chaudhuri Dave Whelan, JJB's founder, has sold his 29 per cent stake in the sportswear retailer for GBP190m to Icelandic financial group, Exista, and Umbro's...
- Research articles 2007-06-13
- [pound]190 million for JJB Sports founder
- Dave Whelan, chairman of Wigan Football Club and founder of JJB Sports, has sold his entire stake in the retail group for [pound]190m to an investment group backed by Icelandic bank Kaupthing. The divestment to Exista, a vehicle created for the purchase, ends a long period of...
- Research articles 2007-06-10
- JJB Sports has put on a good show, but is now looking overpriced
- Our view: Sell Share price: 242.5p (-30.75p) Anyone who thinks there is too much soccer on television should try telling that to Dave Whelan, the boss of the retailer JJB Sports. He would love to be stretching back watching another international...
- Research articles 2007-06-07
- Interest rate rises begin to bite.
- Consumer confidence is holding up despite interest rate rises. But this trend appears unsustainable - and the non-food retail sector looks increasingly vulnerable Shunil Roy-Chaudhuri This week's trading statements from JJB Sports and Woolworths give a poor first impression. Like-for-like sales at JJB fell...
- Research articles 2007-06-06
- JJB SPORTS (JJB).
- JJB Sports' shares stood their ground after a recent strong run thanks to full-year numbers that exceeded most analysts' expectations and news that this progress has continued into the new financial year. Indeed, like-for-like sales have risen by 3.2 per cent in the nine weeks to...
- Research articles 2007-04-20
- JJB's chief is a runner who aims to win the race
- 6.45am Tom Knight finds it easier than most to fit in his gym routine before work. As head of JJB Sports, a quick weights session almost is work now that the sports retailer has moved into leisure clubs. He is up and out the door quickly for...
- Research articles 2007-04-14
- JJB founder winds down with [pound]50m share sale
- David Whelan, the founder of JJB Sports, has sold shares worth [pound]50m in the retail chain, apparently to help him prepare for old age. The sale of the 8.6 per cent stake cut Mr Whelan's holding to 29 per cent. Mr Whelan bought into the business in...
- Research articles 2007-01-27
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