JJB
JD Sports Fashion is said to be considering a bid for rival JJB Sports.
Friday, November 28th, 2008JD Sports’ management this week requested a meeting with JJB’s management through Investec, JD’s investment banking adviser, to discuss the retailer’s stake building, according to The Times.
On Tuesday JD Sports bought a 10 per cent stake in its rival. It said: “JD has made this strategic investment in JJB because of its important place in […]
JJB profits slump
Friday, September 28th, 2007Profits at JJB Sports plunge with the group blaming a lack of major football tournaments for the fall
Revenue was down 4.3 per cent to £365 million with operating profit down 37 per cent to £11.6 million.
The Health club division fared better, as revenue increased 21.2 per cent to £33.1 million (2006:£27.3 million.) A further 5 […]