
British sportswear retailer Sports Direct is ready to defend its claim to a 28.5 percent stake in outdoor goods firm Blacks Leisure, rejecting a counter claim by administrators of Kaupthing Singer & Friedlander.
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British sportswear retailer Sports Direct is ready to defend its claim to a 28.5 percent stake in outdoor goods firm Blacks Leisure, rejecting a counter claim by administrators of Kaupthing Singer & Friedlander.
Struggling British sportswear retailer JJB Sports warned investors not to expect any improvement in its performance until 2010/11 as it posted wider first-half losses, sending its shares up to 14.5 percent lower.
Trading updates from four of the country's biggest retailers next week will shed more light on the strength of the nascent consumer recovery.
Department store group House of Fraser posted a 16 percent increase in first-half profit and said trading was continuing to pick up, providing further evidence the recession may be nearing an end.
Britain's biggest sporting goods retailer, Sports Direct, raised its full-year profit forecast after a strong start to the year.
Sports Direct, Britain's biggest sporting goods retailer, faces an investigation by regulators into its purchase of 31 stores from rival JJB Sports after failing to find a buyer for five of the shops.
Struggling British sportswear retailer JJB Sports said first-half like-for-like sales were in line with its expectations while sales and margins should improve in the fourth-quarter.
Britain's biggest sporting goods retailer Sports Direct International Plc posted a 9 percent fall in full-year core earnings and scrapped its final dividend as it seeks to reduce its debt burden.
The board of sportswear retailer JJB Sports has given its "unanimous support" to Executive Chairman David Jones over a 1.5 million pound loan he received from Mike Ashley, majority shareholder of arch rival Sports Dir...
Outdoor goods retailer Blacks Leisure Group plunged into a pretax loss as its surfwear business continued to struggle, and said its request for more debt from lender Lloyds Banking Group was "a big ask."