Jjb Cuts Losses, But The Turnaround Is Not There Yet

2010-10-11T00:00:00

The financial turnaround of the troubled British sporting goods retailer is expected to take up to three years, according to the management. JJB Sports reported an operating loss of £24.6 million (€28.1m-$39.0m)on 10 percent higher revenues of £184 million (€210.3m-$291.7m) in the first half of the year through the end ...

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