All Sports, leisure & outdoors articles – Page 88
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NewsNew year brings no joy for store stocks
At the end of the year general retailers had sadly underperformed the All-share index, while food groups were also down but not by as much as the market.
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NewsTesco results top off another tough week
As Christmas loomed, store stocks headed south. Food specialists and general merchandisers alike underperformed the All Share index and were sharply down over the year.
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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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NewsWiggle to focus on stores and M&A following sale
Large destination shops on the agenda for cycles etailer following £180m deal.
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NewsWiggle bought by Bridgepoint in £180m deal
Cycles etailer Wiggle has today been acquired by private equity firm Bridgepoint in a £180m deal.
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NewsFor sale sign raised over Blacks
Outdoor specialist Blacks Leisure has put itself up for sale after concluding that previous fundraising plans were unrealisable, but investors may get nothing from a disposal.
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NewsWiggle enters exclusive talks with Bridgepoint
Cycles etailer Wiggle has entered exclusive talks with private equity firm Bridgepoint about buying the business.
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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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News
Foot Locker reports net income increase
Foot Locker reported that net income for the third quarter ended October 29 was $66m (£42m), up from $52m (£33m) for same period last year. Net sales were $1.39bn (£892m) compared with $1.28bn (£822m).Foot Locker chairman and chief executive Ken Hicks said: “I am pleased to report our seventh consecutive ...
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NewsBlacks warns on profits as consumers cut spending
Embattled specialist retailer Blacks Leisure has issued a profit warning but insists it still has the support of its bankers.
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NewsFoot Locker to launch new fascia in the UK
US giant to unveil The Locker Room ‘concept’ store in Brent Cross
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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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NewsStore sector suffers as market plummets
Store stocks took a pummelling over the week although they did not fall as steeply as the wider market.
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NewsVideo: Halfords launches Christmas TV ad
Halfords is pushing cycle sales with an emotive Christmas TV ad in a move away from its traditionally price and value focused campaigns.
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NewsJD Sports preparing for "tough" Christmas
JD Sports Fashion has revealed flat like-for-likes in the 16 weeks to November 19.
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NewsHalfords targets Scotland for £1m autocentre investment
Halfords, car part and cycle specialist, will invest £1m in autocentre expansion in Scotland.
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NewsInternational bidder enters the race to acquire Wiggle
Deadline for second-round bids for cycles etailer nears, but 2012 flotation could still be on the cards.
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NewsHalfords to cut costs with stores shake-up
Halfords is aiming to make cost savings on its property portfolio as 150 leases come up for renewal.
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OpinionHalfords on the right road
On the face of it, Halfords’ numbers did not look too pretty last week. The car parts and bikes retailer reported a pre-tax profit fall of 20% in its first half.