JD Group snaps up Allsports November 1, 2005 Sports retailer John David Group yesterday swooped on stricken rival Allsports in an £18m store and stock deal. Private equity and trade interest in Britain’s fourth-largest sports retailer had fallen away. Retail entrepreneur Mike Ashley is thought to have walked away last week but Ashley has been building a stake in John David Group, suggesting [...]
JJB Sports declares a new price war October 13, 2005 Sportswear retailer JJB Sports said yesterday it was not afraid to start a price war by adopting a “more aggressive pricing policy”. Like smaller rival JD Sports the retailer has been a victim of the slowdown in consumer spending with like-for-like sales falling 8.8 per cent in the 26 weeks to 31 July. Operating profit [...]