News

A chain of electrical stores under the Comet name is to be launched in a bid to fill the gap in the market left by the now-defunct retailer.

Sports Direct cleared by fraud watchdog in week it wins £220m financing

Sports Direct was given a clean bill of health by the Serious Fraud Office (SFO) yesterday, marking the latest inquiry to be dropped against the sportswear retailer.

JJB seeks backing for rescue plan

JJB Sports submitted a final draft of its restructuring plan to its lender, Bank of Scotland, yesterday.

David Prosser: JJB running out of road as landlords lose faith in CVAs

Outlook Another day, another door slams in the face of JJB Sports, the troubled retailer. To avoid going into administration, JJB needs to persuade 75 per cent of its creditors, mostly landlords, to back a company voluntary arrangement (CVA) that would see it close as many as 95 shops and renegotiate rents on the remaining 150. Yesterday, after weeks of off-the-record sniping from landlords, one of them, Capital Shopping Centres (CSC), went public: it intends to vote against the CVA.

JD Sports backs off as JJB seeks to reach creditors' agreement

JD Sports is not pursuing its takeover talks for rival JJB Sports while it awaits the outcome of the latter's proposed rescue plan.

JJB to close 95 stores and asks for £31m funding

JJB sports gave warning yesterday that the final whistle would be blown on its struggle to survive if its landlords fail to agree a company voluntary arrangement (CVA) to enable it to close up to 95 stores.

Business Diary: Kenneth Cole: how low can you go?

Kenneth Cole likes to portray itself as an upmarket fashion brand but a couple of recent tweets are about as low as you can get. Opining on events in Egypt KC had the following to say: "Millions are in uproar in #Cairo. Rumor is they heard our new spring collection is now available online at http://bit.ly/KCairo -KC"

JJB confirms bid talks and £31.5m fundraising

The beleaguered sports equipment retailer JJB Sports yesterday gave its long-suffering shareholders mixed news by confirming that it had received a takeover approach from its rival JD Sports Fashion while also tapping investors for a £31.5m fundraising.

Market Report: Investors suffering from Christmas indigestion

The seasonal goodwill that just lifted the FTSE 100 through the 6,000 point mark at close of trading on Christmas Eve failed to hold as (some) traders returned to work yesterday.

JJB set to unveil £30m cash-call

JJB Sports, the beleaguered sports retailer, is poised to announce a £30m fund-raising and the departure of its chairman, to safeguard its future.

Fears for retail snowball after profit warning from Alexon

Alexon, the fashion retailer, yesterday sent a pre-Christmas chill through the retail sector with a profits warning, becoming the latest group to warn about the damaging impact of the "extreme" wintry conditions.

Costa helps Whitbread rise above north-south divide

The new chief executive of the leisure group Whitbread, the owner of the Premier Inn and Costa Coffee chains, has warned of a continuing north-south divide in the UK over the next year in the wake of the Government's public sector cuts.

JJB investors could be wiped out, warns City

City analysts have warned that JJB Sports faces a battle for survival after the beleaguered retailer said it was likely to breach banking covenants in January and that trading conditions remained "extremely challenging", exacerbated by the snowy weather.

JJB warns on profits as itis forced to slash prices

JJB Sports, the beleaguered sports equipment retailer, yesterday warned that profits margins were being hit by its hefty price cutting, as it posted a rise in debts and slowdown in underlying sales growth.

JJB Sports fined £445,000 by FSA

JJB Sports has been hit with a £445,000 fine after a Financial Services Authority investigation into its compliance dating back more than two years.

Arts and Entertainment
books
Voices
Caustic she may be, but Joan Rivers is a feminist hero, whether she likes it or not
voicesShe's an inspiration, whether she likes it or not, says Ellen E Jones
Arts and Entertainment
The Doctor and the Dalek meet
tvReview: Doctor Who Into the Dalek more than compensated for last week's nonsensical offering
Sport
Diego Costa
footballEverton 3 Chelsea 6: Diego Costa double has manager purring
Life and Style
3D printed bump keys can access almost any lock
techSoftware needs photo of lock and not much more
Arts and Entertainment
The 'three chords and the truth gal' performing at the Cornbury Music Festival, Oxford, earlier this summer
music... so how did she become country music's hottest new star?
Life and Style
The spy mistress-general: A lecturer in nutritional therapy in her modern life, Heather Rosa favours a Byzantine look topped off with a squid and a schooner
fashionEurope's biggest steampunk convention heads to Lincoln
News
Dr Alice Roberts in front of a
peopleAlice Roberts talks about her new book on evolution - and why her early TV work drew flak from (mostly male) colleagues
News
i100
Arts and Entertainment
Star turns: Montacute House
tv
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
The other Mugabe who is lining up for the Zimbabwean presidency

The other Mugabe who is lining up for the Zimbabwean presidency

Wife of President Robert Mugabe appears to have her sights set on succeeding her husband
The model of a gadget launch: Cultivate an atmosphere of mystery and excitement to sell stuff people didn't realise they needed

The model of a gadget launch

Cultivate an atmosphere of mystery and excitement to sell stuff people didn't realise they needed
Alice Roberts: She's done pretty well, for a boffin without a beard

She's done pretty well, for a boffin without a beard

Alice Roberts talks about her new book on evolution - and why her early TV work drew flak from (mostly male) colleagues
Get well soon, Joan Rivers - an inspiration, whether she likes it or not

Get well soon, Joan Rivers

She is awful. But she's also wonderful, not in spite of but because of the fact she's forever saying appalling things, argues Ellen E Jones
Doctor Who Into the Dalek review: A classic sci-fi adventure with all the spectacle of a blockbuster

A fresh take on an old foe

Doctor Who Into the Dalek more than compensated for last week's nonsensical offering
Fashion walks away from the celebrity runway show

Fashion walks away from the celebrity runway show

As the collections start, fashion editor Alexander Fury finds video and the internet are proving more attractive
Meet the stars of TV's Wolf Hall... and it's not the cast of the Tudor trilogy

Meet the stars of TV's Wolf Hall...

... and it's not the cast of the Tudor trilogy
Weekend at the Asylum: Europe's biggest steampunk convention heads to Lincoln

Europe's biggest steampunk convention

Jake Wallis Simons discovers how Victorian ray guns and the martial art of biscuit dunking are precisely what the 21st century needs
Don't swallow the tripe – a user's guide to weasel words

Don't swallow the tripe – a user's guide to weasel words

Lying is dangerous and unnecessary. A new book explains the strategies needed to avoid it. John Rentoul on the art of 'uncommunication'
Daddy, who was Richard Attenborough? Was the beloved thespian the last of the cross-generation stars?

Daddy, who was Richard Attenborough?

The atomisation of culture means that few of those we regard as stars are universally loved any more, says DJ Taylor
She's dark, sarcastic, and bashes life in Nowheresville ... so how did Kacey Musgraves become country music's hottest new star?

Kacey Musgraves: Nashville's hottest new star

The singer has two Grammys for her first album under her belt and her celebrity fans include Willie Nelson, Ryan Adams and Katy Perry
American soldier-poet Brian Turner reveals the enduring turmoil that inspired his memoir

Soldier-poet Brian Turner on his new memoir

James Kidd meets the prize-winning writer, whose new memoir takes him back to the bloody battles he fought in Iraq
Aston Villa vs Hull match preview: Villa were not surprised that Ron Vlaar was a World Cup star

Villa were not surprised that Vlaar was a World Cup star

Andi Weimann reveals just how good his Dutch teammate really is
Bill Granger recipes: Our chef ekes out his holiday in Italy with divine, simple salads

Bill Granger's simple Italian salads

Our chef presents his own version of Italian dishes, taking in the flavours and produce that inspired him while he was in the country
The Last Word: Tumbleweed through deserted stands and suites at Wembley

The Last Word: Tumbleweed through deserted stands and suites at Wembley

If supporters begin to close bank accounts, switch broadband suppliers or shun satellite sales, their voices will be heard. It’s time for revolution