All Sports Direct articles – Page 59
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NewsJJB outlines turnaround options
Weekend newspaper reports forced JJB to issue a statement confirming it might raise more cash through a share placing and open offer.
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NewsLoan row takes a bite out of JJB’s value
Tragedy turned to farce at JJB Sports. The troubled retailer became embroiled in controversy when it emerged that executive chairman Sir David Jones had taken a loan from arch-rival Mike Ashley, founder of Sports Direct.
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NewsBroker challenges Sports Direct over corporate governance
Ahead of Sports Direct’s full-year results next week broker Investec has issued a note challenging the sports retailer to answer some key corporate governance questions and fully disclose business information.
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OpinionMarks & sparks as Sir Stuart Rose and Sir David Jones face shareholder concern
Two of retail’s great leaders Sir Stuart Rose and Sir David Jones have faced intense investor scrutiny this week.
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NewsSir David Jones's £2.2m home for sale
Sir David Jones, the beleaguered JJB Sports chairman at the centre of a controversy over a £1.5m loan from rival Mike Ashley, has put his £2.2m home in West Yorkshire up for sale.
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NewsMike Ashley claims Sir David Jones agreed loan after he joined JJB Sports
The scandal over JJB chairman Sir David Jones’ £1.5m loan from Sports Direct’s Mike Ashley is escalating, with Ashley claiming he gave Jones the loan after he joined JJB’s board.
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NewsJJB Sports pledges support for Sir David Jones as share price plummets
JJB Sports is trying to curb another escalating crisis following the revelations that chairman Sir David Jones took a £1.5m loan from Sports Direct founder Mike Ashley.
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NewsJJB mulls rights issue as loan scandal hits Sir David Jones
JJB Sports has confirmed that it is considering a £50m rights issue to raise capital for the sports retailer’s turnaround as its chairman Sir David Jones has become embroiled in a loan scandal.
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AnalysisTop 50 retailers: Retail’s premier league
It’s 18 months since Retail Week’s last look at the UK’s top retailers by sales and margins and much has changed in that time. Retail Knowledge Bank senior partner Robert Clark reports
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OpinionThe Piccadilly Circus saga continues…
It’s hard to tell what The Crown Estate has really achieved at Piccadilly Circus.
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NewsSports Direct plans bonus scheme for 2,000 staff
Sports Direct boss Mike Ashley is planning to implement a £50m bonus scheme that could result in 2,000 employees receiving a year’s salary in free shares.
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NewsSports Direct offloads JJB stake
Sports Direct has sold its 5 per cent stake in rival JJB Sports.
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NewsSports Direct proposes offloading stores to counter competition concerns
An offer by Sports Direct to sell stores in five local areas as part of its acquisition of 31 JJB shops is being considered by the Office of Fair Trading (OFT).
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NewsSports Direct confident of meeting profit forecast despite margin hit
Sports fashion retailer Sports Direct has revealed that its sales performance has improved at the expense of margins.
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News
Mike Ashley transfers his stake in Sports Direct
Sports Direct founder and chief executive Mike Ashley has transferred his entire stake in the sports retailer to a company wholly owned by himself.
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News
Mike Ashley in frame for Chris Ronnie's JJB Sports stake
Former JJB Sports chief executive Chris Ronnie’s 23 per cent in JJB Sports is believed to have been sold to sports tycoon Mike Ashley.
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JJB close to sale of fitness arm
A sale of JJB Sports' gyms business to the retailer's founder Dave Whelan is imminent, despite reports Sports Direct boss Mike Ashley has made moves to thwart the deal.
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Sports Direct sales and profits ahead of expectations
Sports Direct has revealed sales and gross profits ahead of expectations despite a marked impact on gross margins due to sterling weakness.