Search Results for: Mike Ashley
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Carnage on the shop floor
The pressure on the retail sector has been a consistent staple for investors since the end of the financial crisis,…
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High Street
HoF acquisition dents Sports Direct profits
Sports Direct has reported a 27% fall in profits for the half-year period ending 28 October as it counts the…
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Online & Digital
Mysale warns of half-year loss
Mysale, the online retailer that both Mike Ashley and Philip Green have a stake in, has warned it expects to…
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Department Stores
House of Fraser Manchester store saved from closure
The House of Fraser Kendal’s store in Manchester has been rescued from closure, saving roughly 570 jobs. New terms have…
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Shopping Centres
Whittaker-led consortium abandons £2.8bn Intu offer
John Whittaker’s consortium has decided to scrap its bid to acquire Intu Properties following three extensions blaming the “uncertainty around…
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High Street
Evans Cycles to close stores despite ‘almost all profitable’
Evans Cycles is set for store closures despite a recent administrators proposals document by accountancy firm PricewaterhouseCoopers (PwC) claiming “almost…
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Department Stores
House of Fraser could see ‘significant’ number of further store closures
House of Fraser is set for a “significant” number of further store closures after landlords reportedly refused to agree to…
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Clothing & Shoes
Sports Direct to rescue Evans Cycles with half of its stores to shutter
Sports Direct is to rescue Evans Cycles after it fell into administration on 7 September, with owner Mike Ashley saying…
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