Footwear seller JJB Sports posts interim results

14 Oct '05

3 min read

In the shorter term and particularly during the remainder of the current financial year, He sees very few encouraging signs within the retail industry that would indicate an imminent end to the difficult trading conditions and strong competition that they are currently experiencing.

In their core business, He believes they are pursuing the most appropriate strategy to position JJB for improved performance in this difficult market which is to supply quality sports related products from the major brands, supported by value-for-money products under their own brands.

Only JJB offers a full sporting retail experience from their wide range of branded clothing, footwear and equipment. He remains very impressed with the performance and potential of the Leisure Division. The development of combined health clubs and superstores is an area which clearly differentiates JJB from its competitors and is an area which has considerable growth potential at highly attractive gross margins.

JJB Sports plc is the UK's leading sports retailer. JJB was originally formed in 1971 to acquire the business of a single sports store in Wigan. The original store was established by JJ Broughton in the early 1900's and was then bought by JJ Braddock and then JJ Bradburn. As these initials were all the same the business was known locally as JJB's. When David Whelan bought the store from John Bradburn he maintained the JJB name.

JJB Sports

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