Tag : Sports Direct
Debenhams suppliers ‘in the dark’ as pre-pack looms Subscription
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 sale expected todaySubscription
Liam Gallagher’s Pretty Green is expected to be sold today after the menswear retailer fell into administration last week, Drapers can reveal.
Findel shareholder rejects Sports Direct's bidSubscription
The second-largest shareholder of home shopping retailer Findel has recommended rejecting Sports Direct’s takeover bid.
Sports Direct mulls launching customer creditSubscription
Mike Ashley is considering launching a consumer credit facility in a bid to boost Sports Direct’s growth.
Sports Direct Group says it has been contacted by Debenhams shareholders expressing their support for the appointment of Mike Ashley as Debenhams’ CEO.
Debenhams secures temporary lifelineSubscription
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.
Mike Ashley lambasts Debenhams' refinancing planSubscription
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 would offer £61m for DebenhamsSubscription
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 rescue plan not ‘workable’, says Ashley Subscription
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 bid deadline looms Subscription
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.