All Sports Direct articles – Page 52
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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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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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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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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.
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NewsInvestigation into sports retail market to close, says OFT
The Office of Fair Trading had provisionally decided to close its investigation into alleged anti-competitive conduct in the sports retail sector.
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NewsPeter Williams parachuted into Blacks as interim chairman
Former Selfridges chief executive Peter Williams has been appointed interim chairman of outdoor goods specialist Blacks Leisure until a permanent replacement is found.
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NewsSir Tom Hunter buys shares in Sports Direct
Entrepreneur Sir Tom Hunter has bought a £1m stake in Sports Direct.
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NewsAshley calls for Blacks chairman to resign
Billionaire Sports Direct founder Mike Ashley has called for the resignation of Blacks chairman David Bernstein.
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NewsStakebuilding raises Blacks’ share price
The market edged up over the week but retailers of all types were becalmed.