All Sports, leisure & outdoors articles – Page 92
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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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NewsHalfords mulls £30m Blacks bid
Outdoor specialist retailer Blacks Leisure is reported to be the latest bid target for Halfords.
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NewsAmerican Golf tees up for growth with debt swap and cash injection
American Golf owner Lloyds Development Capital has injected £5m into the business and restructured its debt as it seeks to bolster the retailer to gear up for expansion.
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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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NewsBlacks Leisure mulls equity issue as sales start to improve
Blacks Leisure is considering an equity fundraising of between £15m and £20m as sales in its second half began to improve on the back of its restructuring.
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NewsJD Sports festive like-for-likes up 6.6%
JD Sports Fashion has reported group like-for-like sales for the five weeks to January 2 up 6.6%.
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NewsJD increases control of Canterbury brand
JD Sports Fashion has has taken control of the Australian distribution company for rugby brand Canterbury, and bought a majority stake in its New Zealand distributor.
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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.
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NewsKeith Jones appointed as new JJB Sports chief executive
DSGi’s group retail director Keith Jones has been appointed as JJB’s new chief executive.
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NewsProfits down at Sports Direct despite strong UK retail sales
Pre-tax profits at Sports Direct have been hit by unfavourable exchange rates, falling 40.8% to £57.8m in the 26 weeks to October 25.
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NewsJD Sports sells stake in JJB Sports
JD Sports Fashion has sold its shares in rival sports retailer JJB Sports.
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Bicycle etailer Wiggle gunning to double sales
Online bikes retailer Wiggle is aiming to double its turnover within the next two to three years and is not ruling out opening shops.
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NewsJD sales remain positive
JD Sports Fashion said that trading has remained positive with sales at both its fashion and sports fascias continuing to perform well.
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NewsJD Sports Fashion opens site to overseas markets
JD Sports Fashion has extended its online offer to overseas markets in an attempt to bolster its international presence.
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NewsSports Direct appoints non-executive chairman
Sports Direct has finally hired a non-executive chairman after searching since May 2007, when David Richardson dramatically quit the sports retailer’s board just three months after it floated.
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OpinionCan the ‘knight rider’ shine light on Sports Direct?
After a very long hunt for a chairman Sports Direct has finally found its man. However, many in the sports and fashion world will not have come across Keith Hellawell.
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NewsTesco and Mike Ashley’s bike shop locked in payment dispute
Tesco has launched a legal challenge against a subsidiary of Mike Ashley’s Sport’s Direct, after the supermarket giant overpaid for some bicycles.
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NewsSports Direct appoints chairman
Sports Direct has appointed a non-executive chairman, Dr Keith Hellawell, to join its board.