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Nike, Umbro and adidas owed millions by JJB

13/11/2012

UK-based sportswear retailer JJB Sports owed creditors £150 million when it went into administration last month, according to reports filed at the UK’s Companies House. The statement of affairs lists the debts facing the parent company as £266.8 million, although £117 million of this was intercompany payments. Adidas was owed more than £10...

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