JJB losses soar to €47.5m

Sportswear retailer JJB reported half-year losses of £42.9m (€47.5m) today as the company battled for survival in the first half of the year.

JJB losses soar to €47.5m
Thu, 24 Sep, 2009 - 09:06

Sportswear retailer JJB reported half-year losses of £42.9m (€47.5m) today as the company battled for survival in the first half of the year.

The year-on-year increase in losses of 189% for the six months to July 26 came as stock shortages hurt sales and the firm attempted to get back on its feet with restructuring and refinancing efforts.

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