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Tag : Sports Direct

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  • Debenhams 002

    Debenhams suppliers ‘in the dark’ as pre-pack looms Subscription

    News2 April 2019

    Debenhams suppliers have told Drapers they have been “left in the dark” and fear for the future, as the department store chain prepares to restructure, which may result in a pre-pack administration.

  • pretty green

    Pretty Green sale expected todaySubscription

    News2 April 2019

    Liam Gallagher’s Pretty Green is expected to be sold today after the menswear retailer fell into administration last week, Drapers can reveal.

  • findel screenshot

    Findel shareholder rejects Sports Direct's bidSubscription

    News1 April 2019

    The second-largest shareholder of home shopping retailer Findel has recommended rejecting Sports Direct’s takeover bid. 

  • Sports Direct in Thurrock

    Sports Direct mulls launching customer creditSubscription

    News1 April 2019

    Mike Ashley is considering launching a consumer credit facility in a bid to boost Sports Direct’s growth. 

  • Sports Direct in Thurrock

    Debenhams shareholders 'support Mike Ashley' in becoming CEO Subscription

    News1 April 2019

    Sports Direct Group says it has been contacted by Debenhams shareholders expressing their support for the appointment of Mike Ashley as Debenhams’ CEO. 

  • Debenhams 3by2

    Debenhams secures temporary lifelineSubscription

    News29 March 2019

    Debenhams has agreed a £200m refinancing deal with its existing lenders that leaves the door open for Sports Direct to formally table an offer for the business. 

  • Debenhams and mike ashley

    Mike Ashley lambasts Debenhams' refinancing planSubscription

    News29 March 2019

    Sports Direct CEO Mike Ashley has responded to bondholders backing Debenhams’ refinancing plan, claiming that “if there were any justice in the world, the majority of the advisers would be put in prison”.  

  • Sports Direct in Thurrock

    Sports Direct would offer £61m for DebenhamsSubscription

    News27 March 2019

    Sports Direct has given more detail on its possible cash offer for Debenhams, which would block the department store chain from entering a company voluntary arrangement (CVA) or pre-pack administration.

  • Debenhams and mike ashley

    Debenhams rescue plan not ‘workable’, says Ashley Subscription

    News25 March 2019

    Sports Direct owner Mike Ashley has said Debenhams refunding plan, which could result in wiping out equity for shareholders, is not a “workable solution”.

  • lk bennett 2019 store front 2

    LK Bennett bid deadline looms Subscription

    News22 March 2019

    The fate of LK Bennett will be decided on Monday 25 March – the deadline for final offers from prospective buyers, which are thought to include founder Linda Bennett, as well as Mike Ashley.