All Sports, leisure & outdoors articles – Page 102
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NewsLoan row takes a bite out of JJB’s value
Tragedy turned to farce at JJB Sports. The troubled retailer became embroiled in controversy when it emerged that executive chairman Sir David Jones had taken a loan from arch-rival Mike Ashley, founder of Sports Direct.
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NewsBroker challenges Sports Direct over corporate governance
Ahead of Sports Direct’s full-year results next week broker Investec has issued a note challenging the sports retailer to answer some key corporate governance questions and fully disclose business information.
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OpinionMarks & sparks as Sir Stuart Rose and Sir David Jones face shareholder concern
Two of retail’s great leaders Sir Stuart Rose and Sir David Jones have faced intense investor scrutiny this week.
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NewsSir David Jones's £2.2m home for sale
Sir David Jones, the beleaguered JJB Sports chairman at the centre of a controversy over a £1.5m loan from rival Mike Ashley, has put his £2.2m home in West Yorkshire up for sale.
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NewsMike Ashley claims Sir David Jones agreed loan after he joined JJB Sports
The scandal over JJB chairman Sir David Jones’ £1.5m loan from Sports Direct’s Mike Ashley is escalating, with Ashley claiming he gave Jones the loan after he joined JJB’s board.
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NewsJJB Sports pledges support for Sir David Jones as share price plummets
JJB Sports is trying to curb another escalating crisis following the revelations that chairman Sir David Jones took a £1.5m loan from Sports Direct founder Mike Ashley.
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NewsJJB mulls rights issue as loan scandal hits Sir David Jones
JJB Sports has confirmed that it is considering a £50m rights issue to raise capital for the sports retailer’s turnaround as its chairman Sir David Jones has become embroiled in a loan scandal.
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NewsJD Sports to bring forecasting system to fashion arm
JD Sports Fashion is to extend its use of the Oracle planning and forecasting system from its main sports business to its two fashion chains Scotts and Bank.
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NewsSales dip but second half stability beckons
Although BRC sales data for May revealed a 0.8 per cent dip in like-for-likes, brokers took comfort in the fact that the fall was not worse and at the prospect of easier comparisons later in the year.
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NewsSports Direct plans bonus scheme for 2,000 staff
Sports Direct boss Mike Ashley is planning to implement a £50m bonus scheme that could result in 2,000 employees receiving a year’s salary in free shares.
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NewsJD Sports like-for-like sales continue to rise
JD Sports Fashion group like-for-like sales increased 1.7 per cent in the eight weeks to May 30.
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NewsBlacks pins turnaround hopes on staycations
Blacks Leisure hopes that the ongoing exit from its boardwear business and the increasing trend for people to holiday in the UK will help secure its future.
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OpinionThe mountain facing Blacks
Blacks Leisure chief executive Neil Gillis, like his customers, has a mountain to climb.
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NewsLosses spiral as Blacks battles to recover
Outdoor pursuits specialist Blacks Leisure has acknowledged there is “material uncertainty” about its future but insisted progress is being made in turning the business around.
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NewsDavid Jones says loss-making JJB Sports is his ‘biggest challenge ever’
JJB Sports executive chairman David Jones has described his turnaround attempt as “the biggest challenge I have ever had”, as the retailer posted a full-year loss of £189m.
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NewsSports Direct offloads JJB stake
Sports Direct has sold its 5 per cent stake in rival JJB Sports.
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NewsPuma to axe all but one UK store as it cuts costs after punishing Q1
German sportswear retailer Puma is exiting all but one of its UK stores as part of a major international disposal programme.