All Sports, leisure & outdoors articles – Page 79
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NewsJJB deal close but many stores likely to shut
Sports Direct is expected to acquire up to half of rival JJB’s 180 stores this week. The deal is likely to lead to the closure of the rest of JJB Sports’ business and a large number of job losses among JJB’s 3,000 staff.
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OpinionComment: Where to now for JJB Sports?
As embattled retailer JJB Sports seeks a sale, spare a thought for its staff.
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NewsJJB Sports confirms several bidders in the race to buy business
JJB Sports has confirmed it has received “a number” of offers to acquire all or the majority of the business.
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NewsJJB quarter-day rent fears quashed
Suggestions that JJB adviser KPMG is in a race against time to complete a sale of the troubled retailer before rent quarter day have been dismissed.
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NewsDecathlon rules out bid for JJB Sports
Decathlon has dismissed the idea of bidding for troubled sports specialist JJB.
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NewsJon Moulton pulls out of race to buy JJB Sports
Venture capitalist Jon Moulton has pulled out of the running to buy ailing sportswear retailer JJB Sports.
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OpinionComment: Sports Direct proves it’s still on a winning track
Sports Direct this week proved itself once again to be a retail gold medallist.
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AnalysisProfile: Bob Corliss, chairman, JJB
The US turnaround specialist is plunging in at the deep end at JJB. Can the new chairman’s sportswear expertise save the struggling retailer?
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NewsAmerican Golf unveils new structure as it strengthens team
American Golf has unveiled a new structure and a raft of new hires as it gears up for growth.
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NewsSports Direct shareholders reject Ashley bonus scheme
Sports Direct’s shareholders have not supported the proposed “super stretch” scheme which would have paid out a bumper bonus to Mike Ashley.
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NewsJJB Sports founder Dave Whelan eyes 40 shops as he casts doubt on sale
JJB Sports founder Dave Whelan is eyeing 30 to 40 stores from his former chain as he casts doubt on the likelihood of it being sold in its entirety.
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AnalysisAnalysis: Sports Direct - where will its future growth come from?
Sports Direct never fails to deliver as this morning’s impressive first quarter update proved.
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NewsSports Direct sales surge as Olympics boosts sales
Sports Direct’s gross profit was up 20.4% to £211.1m in the 13 weeks to July 29 as the retailer “continues to go from strength to strength”.
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NewsMore than 10 parties in the running for JJB
There have been expressions of interest in troubled sporting goods specialist JJB from more than 10 parties, it is understood.
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AnalysisDecathlon: What do retailers need to know?
French retailer Decathlon is understood to be eyeing embattled sports specialist JJB Sports. Retail Week takes a closer look at Decathlon and the impact buying JJB would have on the UK sports market.
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NewsJJB suitors circle as Bill Gates faces £20m loss
JJB shareholder Bill Gates is facing a £20m loss after the struggling sportswear retailer warned investors its shares could be worthless.
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NewsJJB founder Whelan signals interest in up-for-sale retailer
JJB Sports founder Dave Whelan could step in to take over some of the retailer’s stores.
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AnalysisAnalysis: JJB Sports - what went wrong?
As JJB Sports frantically searches for a buyer to secure its future, Retail Week looks at where the retailer, which used to be the clear sportswear market leader, went wrong.
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AnalysisAnalysis: Who might buy JJB Sports?
JJB Sports has today hired KPMG to handle a sale of the business after continued poor trading. Retail Week takes a look at who might be interested in the struggling sportswear retailer.
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NewsJJB must submit survival plan within two weeks
JJB Sports’ management team has less than two weeks to finalise a restructuring plan.