All Sports Direct articles – Page 51
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NewsBlacks faces post-Christmas administration as Hilco circles
Blacks Leisure could face a post Christmas administration and break-up following Sports Direct’s decision not to buy the business.
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NewsSports Direct abandons interest in Blacks
Sports Direct has abandoned its plans to bid for up-for-sale outdoor specialist Blacks.
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NewsTesco results top off another tough week
As Christmas loomed, store stocks headed south. Food specialists and general merchandisers alike underperformed the All Share index and were sharply down over the year.
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NewsNew year brings no joy for store stocks
At the end of the year general retailers had sadly underperformed the All-share index, while food groups were also down but not by as much as the market.
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AnalysisReview of the Year 2011: 08. August
It was a dark month for retail, against a violent and costly backdrop of the riots.
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NewsSports Direct sales up in first half
Sports Direct has reported flat pretax profits at £100.3m as sales grew in the first half.
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NewsGo Outdoors and Mountain Warehouse join Sports Direct in race to buy Blacks
Sports and outdoor specialists including Sports Direct, Go Outdoors and Mountain Warehouse are lining up to takeover up-for-sale retailer Blacks Leisure.
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NewsBlacks Leisure looks to distressed debt specialists to bail it out
Blacks Leisure could be sold to a new investor after opening rescue talks with several firms specialising in distressed debt.
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NewsSports Direct set to snub Blacks fundraising
Sports Direct founder Mike Ashley is set to snub a £20m cash call by struggling outdoor retailer Blacks of which he is the largest shareholders.
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OpinionRetail needs a break from the politicians
When is a plastic bag not just any old plastic bag? The answer apparently is when its purpose is to protect what’s inside rather than simply to carry stuff home.
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NewsRetail suffers as bad news hits confidence
The overall market was up but retail shares were down over the week, with a raft of bad news and concern about consumer confidence hitting the stores sector.
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NewsSports Direct profits jump 13.3% as sales grow
Sports Direct retail gross profit advanced 13.3% to £119m as sales thrive.
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NewsUSC boss Jim McGonigle exits
USC chief executive Jim McGonigle has exited after nearly a decade at the chain, Retail Week has learned.
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OpinionKingfisher turns the page
The collapses of furniture retailers such as Floors2Go in the last month served to show that the furniture and home sectors are in a run-down state – a verdict reinforced by the BRC retail sales data this week.
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NewsInvestor worry grows as trading stays tough
Grocers, led by Tesco, bucked a gloomy market, but it was a poor week for general retailers as investors continued to wring their hands about general prospects, not helped when fashion group Alexon warned on profits.
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NewsSports Direct shareholders vote in favour of controversial Ashley property deal
Sports Direct shareholders have voted in favour of a controversial deal which will see founder, and majority shareholder, Mike Ashley receive £86.8m from the company for 32 properties which he owns.
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NewsSports Direct conducts strategic review for new lifestyle division
Sports Direct is carrying out a strategic review of its new acquisitions, USC and Cruise, and will unveil its plans for its newly established premium lifestyle division in December.
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NewsSports Direct profits dip
Sports Direct gross profits suffered a dip after sales remained flat.
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NewsPIRC advises Sports Direct shareholders to block Mike Ashley deal
Sports Direct shareholders have been urged to oppose an £86.6m property acquisition from founder Mike Ashley by shareholder representative group PIRC.
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NewsSports retailers’ reputations intact despite ‘looter effect’
Sports retailers, including JD Sports, will not be damaged by their association with ‘looter fashion’, Oriel analysts are confident.