All Sports Direct articles – Page 61
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News
Sports Direct defies downturn with profit rise
Sports Direct has credited a “back to basics” strategy with a rise in first-half profits and said it will meet full-year profit forecasts.
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News
Tesco launches football shirt site
Tesco has dealt another blow to the beleaguered sports retailers JJB and Sports Direct by launching a football shirt offer online.
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Analysis
Video: The week in retail, December 5, 2008
TGi Friday: Tim Danaher and George MacDonald discuss why Morrisons is doing better than Tesco and the turmoil in the sportswear market.
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News
OFT probes Sports Direct and JJB
The Office of Fair Trading is examining whether a merger between JJB Sports and its rival Sports Direct is on the cards and whether any such merger would need to be referred to the Competition Commission.
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News
Barclays appoints Grant Thornton to JJB Sports
Barclays Bank has appointed Grant Thornton to advise it on JJB Sports’ future plans as the retailer revealed this morning that it has exchanged the contracts for four of its stores to Sports Direct.
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News
Interest rate cut met with caution by analysts
The Bank of England’s shock decision to slash interest rates to 3 per cent will help heavily indebted retailers, but analysts remain cautious about the immediate impact on consumers.
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News
Sports Direct trading on track
Sports Direct has revealed today that trading is in line with expectations, but that it continues to be the hardest the group has ever experienced.
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News
Sports Direct acquires 5% stake in JJB
Sports Direct has snapped up a 5 per cent stake in rival JJB to help shore up the struggling sports chain.
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News
New season of negative updates gives retail analysts little reassurance
Retail had regained favour in the run-up to the reporting season, but the first set of updates brought a slew of bad news.
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News
Sports Direct posts flat quarterly sales and profits
Sports Direct, the store group controlled by controversial tycoon Mike Ashley, managed to maintain sales and profits in its last quarter, despite torrid trading conditions.
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News
Ashley’s Sports Direct to go back to basics
Sports Direct founder Mike Ashley said that the retailer would go back to basics to cope with a trading environment it described as “the hardest we have faced in our history”.
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Opinion
The Retail Week – July 11, 2008
A domineering leader with no regard for corporate governance, a business recording a terrible performance, confusion about plans for the chairmanship… no, not M&S, but Sports Direct.
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News
Sports Direct profits plummet
Sports Direct has revealed a 51.1 per cent slump in full-year underlying pre-tax profits to 85 million, during what it called the most difficult trading period in its history.
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News
Credit Suisse cuts ties with Sports Direct
Investment bank Credit Suisse has ended its relationship with Sports Direct as corporate broker.
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News
Sports Direct rapped by OFT over “store closures”
Sports Direct has had its knuckles rapped by the Office of Fair Trading (OFT) after it received complaints that some of its shops misled customers over closing down promotions.
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News
Bolton’s Victoria Plaza scheme gains four more
Bolton’s Victoria Plaza development has secured four additional tenants.
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News
Sports Direct trading tough
Sports Direct has revealed that trading has remained challenging since it updated the City on March 13 this year.
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News
Sport Direct snaps up stores from rival JJB
Sports Direct is understood to have secured a package of stores from rival JJB Sports.
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News
Retail takes body blow as stocks plunge after Bear Stearns crisis
The whole market slumped as US investment bank Bear Stearns became the latest credit crunch victim and retailers were again hit hard as brokers fretted about the outlook for the consumer economy.
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News
Sports Direct to hit market expectations
Sports Direct has reported in its interims that it is set to meet market consensus EBITDA in its full year, but has not provided detailed current trading figures.