Which jjb stores are remaining open

Analysts fear that the situation may have deteriorated further in the last few weeks, due to the poor weather. But despite the dismal figures. JJB is not cutting its dividend, which at 10p for the year is now only covered 1. The chairman, Roger Lane-Smith, surprised analysts by revealing he had wanted to cut the dividend, but some institutional shareholders would not tolerate it.

A JJB spokeswoman confirmed Lane-Smith had told analysts that a dividend cut was his personal preference, and declined to identify the institutional investors who had opposed the idea. As well as being hit by the drop in consumer confidence, JJB has suffered from the England football team's poor performances.

The failure to qualify for the Euro tournament will harm shirt sales this year, and Ronnie confirmed that the new England away shirt had failed to win over shoppers. Gymshark chief executive and founder Ben Francis has quashed rumours of an upcoming stock market flotation, despite doubling sales year on year. Site powered by Webvision Cloud.

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