Sunday, July 22, 2012

JJB Sports in talks with partners after sales slide

JJB Sports Plc said it was consulting its partners in an attempt to tackle a sharp fall in revenues since April, which it put down to disappointing sales of football replica kits associated with the European Football Championships. Photo: JJB SportsThe British retailer said on Thursday that it had also been hit by the wet early summer, with group like-for-like sales for the 24 weeks to 15 July down 8.7 percent and the cash margin by 16.6 percent. As at 18 July, the group's net bank debt was

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