All Sports Direct articles – Page 5
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News
Mike Ashley’s Frasers Group takes £100m stake in Hugo Boss
Mike Ashley’s Frasers Group has taken a near 5% stake in Hugo Boss, worth almost £100m.
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News
Frasers boss blames Cummings effect for store reopening delay
Frasers Group finance chief Chris Wootton has blamed the controversy engulfing Boris Johnson’s advisor Dominic Cummings for later than expected store reopenings which he said will “finish off” some retailers.
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News
Mike Ashley praises staff as Frasers Group readies to ‘potentially’ reopen stores
Frasers Group, formerly known as Sports Direct International, has said that it will pay 100% of salaries for the majority of its employees in May.
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News
JD Sports and Sports Direct square up for Office takeover
Retail rivals JD Sports’ Peter Cowgill and Sports Direct’s Mike Ashley are among the prospective bidders for footwear chain Office.
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Video
Face time: JD Sports boss Cowgill slams CMA’s ‘reckless’ Footasylum ruling
JD Sports’ executive chair Peter Cowgill speaks to Retail Week about the CMA’s ‘pre-judged’ decision to block its acquisition of Footasylum, despite the operational challenges faced by all retailers as a result of the coronavirus pandemic.
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News
Sports Direct staff claim they were asked to work on furlough
Store managers at tycoon Mike Ashley’s Sports Direct and House of Fraser businesses were asked to work while on furlough, it has been alleged.
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News
Mike Ashley’s Frasers Group settles €674m Belgian tax dispute
Mike Ashley’s Frasers Group has settled its long-running €674m (£588m) tax dispute with Belgian authorities.
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News
Mike Ashley ‘deeply apologetic’ over coronavirus stores row
Frasers Group chief executive Mike Ashley has apologised after his Sports Direct business was embroiled in a row about whether stores could open during the coronavirus crisis.
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News
Sports Direct bids to keep stores open during coronavirus crisis
Sports Direct is planning to keep all of its stores open during the coronavirus crisis despite the UK-wide lockdown implemented by the government.
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News
Sainsbury’s, Frasers and Shoe Zone plead for business rates reform
The bosses of Sainsbury’s, Frasers Group and Shoe Zone have piled further pressure on new Chancellor Rishi Sunak to reform the business rates system.
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News
Ashley: ‘UK high street is on life support, act now on business rates’
Tycoon Mike Ashley’s Frasers Group has called once again for fundamental reform of business rates and in particular the transitional relief system.
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News
Animal rights group Peta buys stake in Frasers Group
The animal rights group Peta has bought a stake in Mike Ashley’s Frasers Group, allowing activists to attend the retailer’s annual investors meeting in September.
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News
Frasers Group acquires stake in luxury handbag retailer Mulberry
The Mike Ashley-owned Frasers Group has acquired a stake in global handbag retailer Mulberry as part of what it calls the strategic “elevation of our retail proposition”.
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News
Mike Ashley’s Frasers Group cleared over Belgian tax question
Frasers Group, the renamed Sports Direct business controlled by Mike Ashley, has correctly paid tax in Belgium that had been questioned by the authorities there.
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News
Frasers Group set to close six Jack Wills stores
Struggling fashion brand Jack Wills, owned by Mike Ashley’s Frasers Group, is set to shutter more stores.
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News
Mike Ashley’s Frasers Group urges PM to reform business rates
Mike Ashley’s Frasers Group, formerly known as Sports Direct, has written to Prime Minister Boris Johnson to push for an “urgent fundamental review” into business rates.
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Analysis
Who will be retail’s winners and losers of 2020?
Who will rise to the top in 2020 and who will struggle? Retail experts share their tips for the year ahead
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Analysis
The nine most jaw-dropping retail moments of 2019
The retail industry has experienced many twists and turns this year. Retail Week picks nine truly jaw-dropping moments from 2019.
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News
JD Sports insists Footasylum deal ‘will benefit consumers’
JD Sports has insisted its £90m takeover of rival Footasylum “will benefit consumers” as it wrestles to convince competition watchdogs of the merits of the deal.
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News
Debenhams raises fears after seeking further rent cuts
Debenhams has raised concerns for its future after seeking further rent cuts only seven months after they were slashed in a restructuring process.