Sports Direct has quashed speculation that it could increase its 30% stake in embattled department store Debenhams with a buyout deal. Senior non-executive director Simon Bentley caused confusion when he...
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Sports Direct has quashed speculation that it could increase its 30% stake in embattled department store Debenhams with a buyout deal. Senior non-executive director Simon Bentley caused confusion when he...
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Sports Direct has seen a 73% drop in pre-tax profit despite an increase in revenue thanks to its investment in struggling department chain Debenhams. In its preliminary results for the...
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Mark Cashmore, the CEO of Connect newsagent distributors, has left the company after it saw shares plummet by 66% (an all time low) after the price of Panini’s World Cup...
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JD Sports has seen a record increase in its profit before tax, which was at 26% in the 53 weeks to 3 February 2018. This amounted to £244.8m, falling short...
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The brand president of sportswear manufacturer Nike, Trevor Edwards, has announced that he will be retiring from the company in August 2018 as the company faces down reports of workplace...
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Sports retail giant Adidas has reported double-digit growth across all of its key regions over the last year, with sales in Western Europe rising 12.6% to £5.23bn. Overall net sales...
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Toys R Us and Maplin have both entered administration today, as last minute attempts to save the retailers collapsed. Toys R Us was facing a £15m VAT bill, however poor...
Read moreMaplin and Toys R Us are reportedly facing collapse today (28 February) after failing to secure buyers. Maplin employs 2,500 staff across its 200 stores in the UK, while Toys...
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The Church of England has criticised Sports Direct founder, Mike Ashley, over his company’s “Victorian factory” working conditions. In a series of letters seen by the Press Association, the Church...
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JD Sports has announced that it has received unconditional clearance from the European Commission to acquire similar Spanish retailer Sport Zone. Sport Zone is one of the largest sports retailers...
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