All Sports Direct articles – Page 55
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NewsBlacks rejects Sports Direct bid
Blacks Leisure has rejected a takeover offer from Mike Ashley’s Sports Direct as “wholly inadequate”.
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NewsSports Direct acquisition of 31 JJB shops cleared by Competition Commission
The Competition Commission has formally cleared Sport Direct’s acquisition of 31 shops from rival JJB Sports.
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NewsBlacks suppliers threaten boycott if Sports Direct takes control
Suppliers to Blacks Leisure have threatened to boycott the outdoor chain if Mike Ashley’s Sports Direct successfully bids for the business.
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NewsBlacks Leisure starts store expansion
Blacks Leisure has begun a store rollout programme which it said is the next phase in the company’s turnaround plan.
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NewsBlacks poised to seek deadline for Ashley bid
Blacks Leisure is likely to ask the Takeover Panel to issue a ‘put up or shut up’ notice to tycoon Mike Ashley’s Sports Direct following the latter’s disclosure that it is considering a takeover of its rival.
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NewsCity sees opportunity as shares fall again
General retailers had another poor week and have lost about 10% of their value this year.
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NewsSports Direct mulls bid for Blacks
Sports Direct is considering making a bid for Blacks Leisure after blocking its proposed fundraising plans.
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NewsMike Ashley’s intervention hits Blacks shares
General stores and food retailers both had a dull week, with each sector lagging the market.
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OpinionHard-to-read Mike Ashley rules the roost in sports retail
It has been months since the last scandal to hit sports retailers – perhaps Sports Direct’s Mike Ashley has been on an extended Christmas holiday?
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NewsBlacks delays fundraising meeting
Updated: Blacks Leisure postponed its general meeting today in order to continue negotiations with Sports Direct which had planned to block proposed fundraising by the outdoor specialist.
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NewsSports Direct buys Blacks stake to block rescue plan
UPDATED: Sports Direct succeeded yesterday in acquiring the rights to a disputed 29% stake in Blacks Leisure to vote against its rescue plans.
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NewsThird quarter lifts Sports Direct
Sports Direct third-quarter retail sales rose 9.4% to £326m year on year and it has raised its full-year EBITDA target to at least £160m.
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AnalysisCelebrity non-executives: What is the benefit of hiring a famous director?
A retail board may bask in the reflected glory of hiring a famous non-executive, but what are the real benefits and are they ever more than window dressing? Joanna Perry reports
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AnalysisBusiness sales: retail makeover tactics
After a year when retailers often got the cold shoulder, both private equity and IPO activity in the sector is picking up. Joanna Perry examines the makeover tactics retailers use to encourage a sale
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NewsSports Direct retail sales climb 9.4%
Sports Direct has reported retail sales increased 9.4% in the 13 weeks to January 24 to £326m.
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NewsSports Direct lines up criminal QC
Sports Direct is understood to be lining up a leading criminal QC to advise founder Mike Ashley.
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NewsRaids made in UK and Iceland as investigations into Exista step up
The Serious Fraud Office and Iceland’s special prosecutor’s office have taken the investigation into the dealings of Icelandic investment vehicle Exista one step further with raids on four UK locations including Exista’s Paddington offices.
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NewsSports Direct invests in new staffing system
Sports Direct has begun implementing a new workforce management system to better control staffing levels across its 400 stores in the UK and Belgium.
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NewsSports Direct broke rules, Blacks tells FSA
Blacks Leisure has reported rival Sports Direct to the Financial Services Authority for allegedly breaking City rules.
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NewsSports Direct defends chairman appointment
Sports Direct has denied that it appointed Keith Hellawell chairman because of his experience of chairing a company that, like the sports specialist, has faced an OFT inquiry.