×
207
Fashion Jobs
WALPLAST PRODUCTS
Opening For Manager Sales - Walplast Products Pvt. Ltd. (Pune)
Permanent · Pune
ADECCO INDIA PRIVATE LIMITED
Job Opening For Area Sales Manager Role For Mnc Company
Permanent · Bengaluru
DR LAL PATHLABS
Area Sales Manager -Chandigarh
Permanent · Chandigarh
JOB INDIA
Regional Manager Sales (Backend Operations)Garments - Gurgaon
Permanent · Faridabad
MANPOWERGROUP SERVICES INDIA PRIVATE LIMITED
Area Sales Manager/sr.Area Sales Manager
Permanent · Kolkata
HERITAGE NUTRIVET LIMITED
Cattle Feed - Area Sales Manager - Salem Location
Permanent · Salem
THINK FIRST DIGITAL
Hiring For Event Production Manager - Mumbai
Permanent · Mumbai
LUPIN
Opportunity For Area Manager - Mass Marketing - Lupin Ltd
Permanent · Pune
SOBHA
Manager - Sales at Sobha Nesara, Kothrud - Pune
Permanent · Pune
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager - Punjab
Permanent · Jalandhar
PETPOOJA
Area Sales Manager || Software Sales (Pos) || Petpooja
Permanent · Navi Mumbai
FLEETX
Assistant Area Sales Manager/ Area Sales Manager
Permanent · Haldia
FLEETX
Area Sales Manager
Permanent · Tirunelveli
MINIVEL SERVICES
Area Sales Manager - Insurance Company
Permanent · Bengaluru
POLYCAB
Area Sales Manager
Permanent · Chennai
ACME SERVICES PRIVATE LIMITED
Purchase Manager For a Leading Textile Brand
Permanent · Mumbai
SBFC FINANCE
Area Sales Manager And Sales Manager- Loan Against Property
Permanent · Ahmedabad
GRAND CHEMICAL WORKS
Area Sales Manager- Lucknow (gt Fmcg)
Permanent · Lucknow
GRAND CHEMICAL WORKS
Area Sales Manager - Jaipur (gt)
Permanent · Kota
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
SURYA FOOD AGRO LTD
Production Manager
Permanent · Greater Noida
By
Reuters
Published
Jul 24, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

JJB Sports first half sales fall, sees improvement in fourth quarter

By
Reuters
Published
Jul 24, 2009

LONDON, July 24 (Reuters) - Struggling British sportswear retailer JJB Sports (JJB.L) on Friday 24 July said first-half like-for-like sales were in line with its expectations while sales and margins should improve in the fourth-quarter.


The new Manchester United home kit 2009/2010 at JJP Sports - Photo: www.jjbsports.com

JJB, which came close to administration earlier this year, said underlying sales fell 40.4 percent in the 25 weeks to July 19 due to low stock levels.

The group, formed in 1971 in Wigan, northwest England, said its gross margin was 11.2 percent lower than in the same period last year but that it expects sales and margins to pick up in the coming months.

"The company expects a gradual improvement in sales as new stock is received, which will also improve gross margin. However, due to lead times between ordering the product and its delivery of up to 6 months, the company still does not anticipate any significant improvement in sales until the fourth quarter of 2009," it said in a statement ahead of its annual general meeting in Wigan.

JJB said it "continues to fully support" executive chairman David Jones over a 1.5 million pounds ($2.48 million) loan extended to him by Mike Ashley, the founder of rival chain Sports Direct (SPD.L), which some observers said caused a conflict of interest at JJB.

Shares in JJB were 2.8 percent up at 27.5 pence by 1015 GMT.

(Reporting by Rhys Jones; editing by John Bowker)

© Thomson Reuters 2022 All rights reserved.