All Sports Direct articles – Page 54
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NewsAnalysts warn bids for Blacks will reflect tough trading spell
Bids for outdoor goods specialist Blacks Leisure are unlikely to match the level offered by rival Sports Direct earlier this year, analysts fear.
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NewsBlacks’ shares perk up after bid approaches
Outdoor goods specialist Blacks was at the centre of the week’s retail share price action after revealing approaches from potential buyers.
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NewsSports Direct profits up as bonus scheme pays off
Sports Direct gross profit increased 5.4% to £117m in the 9 weeks to September 26 as its bonus share scheme paid off.
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NewsNo charges to be brought against JJB Sports and Sports Direct, SFO concludes
The Serious Fraud Office (SFO) will confirm imminently that its investigation into Sports Direct and JJB Sports is over and no charges will be brought against the companies, the retailers revealed in regulatory announcements this morning.
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NewsSports Direct impresses as profits and sales soar
Sports Direct delivered strong profits in its first quarter helped by a good performance during the World Cup, despite the very disappointing showing from the England team.
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NewsStrong first quarter for Sports Direct
Sports Direct had a strong first quarter despite a poor performance from the England team in the football World Cup with sales up 8.8% to £408m in the 13 weeks to July 25.
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NewsSports Direct makes strides despite England’s early World Cup exit
Sports Direct lost out on sales and potential profits after being left with excess stock following England’s early exit from the World Cup.
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OpinionBattle of the brands
Last year’s soap opera in the sportswear market seems to have calmed down to a gentle afternoon drama, but the battle for share and survival in the sector seems far from over.
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NewsSports Direct profits soar but World Cup impact mixed
Sports Direct delivered its best ever day of trading on the day England played the USA in this year’s World Cup and has posted a surge in full-year profits.
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NewsRetail’s stock rises as June sales tick along
Retailers achieved “decent sales growth” in June, the BRC reported, and store stocks rose over the week although they lagged the All-Share index.
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NewsRetailers predict return to form after England’s World Cup KO
Tournament disappointment turns to optimism as retailers expect footfall and trade to bounce back
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NewsSports retailers to rally in run-up to Olympics
Sports retailers are set to receive a much-needed boost after years of facing a shrinking market, with sales for the sector expected to soar 21% in the next five years.
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OpinionAn open goal
A quick wander along Oxford Street reveals the paucity of the World Cup retail offer, whether it’s the tired-looking display in the windows of John Lewis, or the many crosses of St George that mark out the fact that you are looking at a branch of SportsDirect.com.
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NewsWorld Cup no open goal for retailers in tough climate
Lower footfall and margin impact from promotions will create fiercely competitive trading conditions
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NewsOFT clears Sports Direct stake in Blacks
The Office of Fair Trading (OFT) has ruled that Sports Direct’s shares in Blacks Leisure did not create any competition issues.
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NewsBlacks suppliers help fend off Sports Direct
Blacks Leisure suppliers have been building stakes in the outdoor retailer in what has been seen as a defensive move to block any further bid approaches from Sports Direct founder Mike Ashley.
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OpinionJJB Sports has an uphill battle on its hands
As expected JJB Sports figures this morning did not make pretty reading and although steps have been made to start turning the business around it is going to be a long uphill marathon rather than a quick sprint to recovery.
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NewsPentland builds stake in Blacks to block another Mike Ashley bid
Updated: Blacks Leisure confirmed today that Pentland Group has snapped up a 5.86% stake in the outdoor specialist.
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NewsSports Direct stake in Blacks diluted after fundraising approved
Mike Ashley’s Sports Direct has had its stake in Blacks Leisure diluted after the outdoor retailer’s £20m fundraising was approved this afternoon.