JJB Sports reports loss in profits

UK retail chain JJB Sports today pledged to cut its reliance on major football tournaments as it reported a halving of interim profits.

UK retail chain JJB Sports today pledged to cut its reliance on major football tournaments as it reported a halving of interim profits.

The group posted a 58% drop in half-year underlying pre-tax profits, which plummeted from the £19.9m (€28.3m) seen amid last year’s World Cup replica kit fever to £8.3m (€11.8m).

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