Tag : Sports Direct
The industry is calling for government support as scores of retailers across the UK cut head office roles in a bid to reduce costs and combat tough trading conditions.
Mike Ashley seeks rent negotiations Subscription
Mike Ashley is reportedly asking landlords to agree to turnover rents across his entire estate, whereby up to 15% of fees would be linked to in-store sales.
Nike pulls product from AmazonSubscription
Nike is to stop selling its product on Amazon, as part of its ongoing strategy change to sell directly to customers.
Sports Direct’s Mike Ashley has claimed the UK’s competition watchdog published “incorrect estimates” of its market share data in the investigation into JD Sports’s £90m acquisition of Footasylum.
Sports Direct acquires retail parkSubscription
Sports Direct has acquired the Brookfield Shopping Park in Cheshunt, Hertfordshire, for £25.4m.
Retailers squeeze suppliers for discounts Subscription
Suppliers to the UK’s biggest high street chains are feeling the pinch as increasing numbers of retailers seek discounts to offset sluggish sales.
Sports Direct axes more Jack Wills storesSubscription
Sports Direct has announced the closure of a further five Jack Wills stores following its acquisition of the lifestyle brand last month.
A third of Sports Direct investors reportedly voted against Mike Ashley maintaining his role as CEO at the group’s annual general meeting yesterday.
Sports Direct has reportedly asked the four biggest accountancy firms in the UK to hold fresh talks about working with the business ahead of its annual general meeting today.
First look: Inside Flannels' Oxford Street flagship Subscription
Drapers takes a tour of Sports Direct’s £10m Flannels flagship on London’s Oxford Street.