High street retailer JJB Sports fell further into trouble yesterday when news that its debt had increased £2.3 million in a week prompted a share fall of 24 per cent.
Last week shares in the company also fell by a quarter as debt rose and sales fell 8 per cent in the 22 weeks to July compared with last year.
FT 18
Daily Telegraph Business 3
Times 47
High street retailer JJB Sports fell further into trouble yesterday when news that its debt had increased £2.3 million in a week prompted a share fall of 24 per cent.Last week shares in the company also fell by a quarter as debt rose and sales fell 8 per cent in the 22 weeks to July compared with last year.FT 18Daily Telegraph Business 3Times 47