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JJB snaps up Original Shoe Company
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HIGH street sports retailer and health club chain JJB has snapped
up The Original Shoe Company (OSC) from arch rival Sports Direct in
a GBP 5 million deal.
The move to buy the Edinburgh-registered business is part of
JJB's drive to reduce its reliance on sales driven by major football
tournaments and move increasingly into sports fashion.
JJB said in September that it wanted to diversify its offering
after posting a 58 per cent slump in pre-tax profits to GBP 8.3m -
which it at...
Related newspaper, magazine, and journal articles from HighBeam Research
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The Original Shoe fits for JJB Sports after Pounds 5m acquisition
Yorkshire Post
; Sportswear retailer JJB Sports unveiled a Pounds 5m deal with rival Sports Direct for ownership of the Original Shoe Company yesterday. JJB will take on 60 Original Shoe stores, which are mainly based on high streets in the north of England and Scotland. The business sells a range of branded
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Centre marks anniversary ; The Parishes Shopping Centre in Scunthorpe is celebrating its fifth year anniversary with the recent addition of more leading stores - the Original Shoe Company, Field and Trek, and Indibites.
Scunthorpe Evening Telegraph
; The Parishes Shopping Centre in Scunthorpe is celebrating its fifth year anniversary with the recent addition of more leading stores - the Original Shoe Company, Field and Trek, and Indibites. The Original Shoe Company stocks top brand names while Field & Trek, an outdoor clothing and equipment
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Original Shoe snaps up Sports Connection
The Scotsman
; SPORTS Connection, once Scotland's largest sports retailer with 43 stores and a turnover of GBP 40 million, saw its 18 remaining stores sold for about GBP 3 million yesterday. The deal, with Ayrshire's Original Shoe Company, will mean the loss of nearly 120 jobs, and leave the firm effectively
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Talk of the town: how The Shoe Company drives its parent company's growth.(Company Profile)
Footwear News
; In 1983, Leonard Simpson, CEO of Toronto-based Town Shoes, decided he needed to fill the extra space at the chain's original Lawrence Plaza store. To get rid of some old stock, he installed a few racks of shoes in a space where the company's head office and warehouse had been. The selection
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Olympics Laced With Shoe Company Hype
Chicago Sun-Times
; At the next Olympics, there will be no countries, only shoe companies. There still will be flag-raising during the medal ceremonies, but the flags will say Nike, Reebok or Asics. The stars and stripes will be fluttering in the breeze, all right, but it won't have anything to do with the original 13
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