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Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
Permanent · Bhiwandi
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters
Published
Jul 7, 2009
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JJB board backs Jones over Ashley loan

By
Reuters
Published
Jul 7, 2009

LONDON (Reuters) - The board of sportswear retailer JJB Sports (JJB.L) 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 Direct (SPD.L).

In a statement from JJB the board said details of the loan, taken out by Jones to invest in private technology company Advanced Network Technologies, were made known to it earlier this year.


"The board is clear that the arrangement, that was initiated before Sir David joined the company as a non-executive director (October 2007), has not given and does not give rise to any conflict of interest," said JJB.

It said Jones has informed the board he intends to repay the loan as soon as possible.

Jones, a former chairman and chief executive of fashion retailer Next Plc (NXT.L), was appointed JJB's executive chairman in January and played a crucial role in pushing through a company voluntary arrangement (CVA), a rarely used insolvency process, to help the company survive.

On Saturday 4 July JJB said it was considering an equity fundraising as one of a number of ways to provide extra capital, which prompted its shares to fall 25 percent on Monday 6 July.

Shares in JJB, which have lost three quarters of their value over the last year, were unchanged at 23.25 pence at 11:14 a.m., valuing the business at 58 million pounds.

Nobody from Sports Direct was immediately available for comment.

(Reporting by James Davey; Editing by Jon Loades-Carter)

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