All Sports Direct articles – Page 60
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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.
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News
Moss Bros shares spike as offer from Baugur fuels investor fight
Menswear retailer Moss Bros was the week’s biggest riser as a bad-tempered battle for control raged. Members of the founding families, the board and associates of potential buyer Baugur all laid into each other, which can hardly be helping store performance.
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News
Competition probe and Asda success help quoted grocers
Food retailers staged a comeback after they emerged largely unscathed from the Competition Commission’s investigation into the grocery market. Good fourth-quarter figures from Asda helped, confirming that food retailers as a group have been doing well.
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News
Sports Direct: The City View
Sports Direct moved up the City’s retail league after striking a deal with Chinese retailer ITAT.
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News
Sports Direct strikes deal to enter China
Sports Direct International has struck a deal with apparel retailer ITAT Group in China to supply some of its portfolio of brands to ITAT’s larger stores.
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News
Sports Direct invites City for peace talks
Sports Direct has offered an olive branch to the City – the first sign that the retailer is willing to play ball as a public company.
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News
Sports Direct takes stake in Amer
Sports Direct has bought a 4.96 per cent stake in multi-branded sports equipment and apparel manufacturer Amer Sports Corporation.
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News
Sports Direct warns of tough year ahead
Sports Direct has warned that it expects the UK retail sector to become more challenging over the next six months, but it expects to exceed profit expectations for the full year.
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News
Ashley ups stake in JD Sports
Mike Ashley, the founder and controlling shareholder of Sports Direct, has upped his stake in JD Sports to more than 11 per cent.
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AnalysisOn the back foot
2007 was another tough year for specialist shoe retailers and more recent news of floundering footwear players has done little to assuage fears for the new year. But, as Jennifer Creevy discovers, there is still a place for those with the right offer
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Opinion
Ashley has yet to redeem himself
Analysts, exasperated by his flouting of corporate governance guidelines, and journalists, expecting another head-on collision with the truculent tycoon at the retailer’s EGM, were pleasantly surprised.