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Tag : Sports Direct

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  • 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.  

  • Debenhams 20180820 102102

    Debenhams on brink of £200m lifelineSubscription

    News22 March 2019

    Debenhams is reportedly about to secure £200m in funding that could help the struggling department store resist Mike Ashley’s takeover bid.

  • Flannels Oxford St cad

    Flannels eyes 100 stores and international expansionSubscription

    News21 March 2019

    Sports Direct’s luxury fascia, Flannels, is planning to expand to 100 stores in the UK and launch internationally for the first time, Drapers can reveal.

  • Sports Direct in Thurrock

    Sports Direct reports Debenhams to FCASubscription

    News13 March 2019

    Sports Direct has reported the Debenhams board to the Financial Conduct Authority (FCA) with concerns that recent trading updates have “deliberately” misled investors about its finances, it has been reported.  

  • Debenhams and mike ashley

    Ashley Debenhams coup is a 'protection' playSubscription

    News12 March 2019

    As the power struggle between the board of Debenhams and Mike Ashley reached boiling point this week, industry stakeholders remain unconvinced that the involvement of the Sports Direct tycoon would revive the department store’s fortunes.

  • Debenhams 3by2

    Debenhams closes in on £150m credit line Subscription

    News11 March 2019

    Debenhams is in advanced negotiations to secure a £150m lifeline from its current lenders, as it calls on the competition watchdog to intervene in an attempted boardroom coup by Mike Ashley. 

  • findel screenshot

    Findel shuns Ashley takeover bidSubscription

    News5 March 2019

    Home-shopping company Findel has urged shareholders to reject a takeover bid from Sports Direct, saying the offer “significantly undervalues” the group.

  • mike ashley

    Sports Direct ups stake in Findel Subscription

    News4 March 2019

    Sports Direct has offered to buy Findel for £139m.

  • flannels oxford

    Flannels to open in six more locations Subscription

    News28 February 2019

    Sports Direct-owned premium retailer Flannels will open six new stores in the first half of the year as it continues its expansion.

  • Mike ashley

    Profits plunge at Mike Ashley’s investment companySubscription

    News14 February 2019

    Profits at Mash Holdings, Mike Ashley’s personal investment company tumbled by 64% compared with the previous year, to £102.5m for the year to 30 April 2017.