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JJB Sports plc was a British sports retailer. On 24 September 2012, shares in JJB Sports were suspended, and the firm called in administrators. On 1 October 2012, it was announced that Sports Direct had purchased part of the business, including 20 stores, the brand, and its website for £28.3 million. [2] [3]
- 1971
- Retail
- £284.2 million (2011)
Oct 9, 2009 · JJB Sports, which narrowly avoided administration in April, will on Friday announce a share placing and open offer which will raise close to £100m, more than the sporting goods retailer’s total ...
- Gwen Robinson
JD Sports is your online destination for the best sneakers, clothing and accessories from top brands like Nike, adidas, Jordan and more. Whether you’re looking for casual, sporty or trendy styles, you’ll find everything you need at JD Sports. Browse our wide range of men’s, women’s and kids’ collections and get ready to upgrade your look.
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Oct 1, 2012 · UPDATED: JJB Sports has collapsed into administration, with arch-rival Sports Direct acquiring 20 stores. The remaining 133 shops will close today putting 2,000 jobs at risk. The Mike Ashley-owned sports retailer purchased the 20 stores today, saving around 300 jobs, as tipped by Retail Week. It is unclear if Sports Direct will continue to ...
Oct 1, 2012 · How did JJB Sports, once a UK sportswear giant, collapse into insolvency in 2012? Find out the causes, the controversies and the consequences of its downfall.
Oct 1, 2012 · Sports Direct has today acquired JJB Sports 20 shops after the retailer collapsed into administration closing 133 stores.
JJB Sports is also phasing out the Sports Division name, replacing the storefronts gained from its acquisition of its main U.K. rival with its own name. While absorbing the larger Sports Division has been difficult for the company, JJB Sports continues an aggressive expansion, opening 25 sites--including 21 superstores--during 1999.
