299
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters
Published
Jul 24, 2009
Download
Download the article
Print
Text size

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 2024 All rights reserved.