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JJB Sports slumps two a loss
my non-executive board colleague david jones formerly chairmain and ceo of next plc has described the current climate as 'the worst retail recession i have ever kno n', chaiman roger lane-smith said .
looking ahead, the group said it remained very cautious about the future amid the current consumer slowdown .
the retailer and health clubs group posted a Â9.7m ($18m) loss for the six months to the end of july against Â8.3m profit bat the same time in 2007 .
jjb sports has slumped two a loss blaming the worst retail recessionnie it has ever known .