All Sports Direct articles – Page 55
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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.
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NewsOFT to probe Sports Direct stake in Blacks
The Office of Fair Trading is investigating Sports Direct’s stake in Blacks Leisure which it won ownership of in a High Court claim last week.
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NewsSports Direct wins High Court battle over shares
Sports Direct has won a High Court claim over disputed shares in its rivals.
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NewsBlacks on stronger footing after fundraising
Blacks Leisure is confident that a forecast warm summer and completion of a £20m fundraising will put the business on a strong footing after a turbulent year.
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NewsBlacks moves forward with fundraising after a difficult year
Blacks Leisure is pressing ahead with a £20m fundraising as sales start to improve for the outdoor retailer after a year of major restructuring across the business.
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NewsSFO cloud hangs over Sports Direct
The City has continued to cautiously back Sports Direct after a positive pre-close update, despite a pending Serious Fraud Office (SFO) investigation into the business.