Tag : Sports Direct
Frasers Group has confirmed that all of its Sports Direct, Flannels and Jack Wills stores in England will reopen on 15 June in line with the government’s recent announcement.
Frasers Group reviews furlough payments Subscription
Mike Ashley’s Frasers Group, formerly known as Sports Direct International, has decided to keep salary levels at 100% in May for the majority of its employees.
What you may have missed from this weekend’s newspaper.
Frasers Group shopworkers face uncertainty over their jobs, after the Mike Ashley-owned chain u-turned on its decision to open stores during coronavirus.
Frasers Group has U-turned on an announcement that Sports Direct and Evans Cycles stores were to stay open during the UK’s new lockdown measures, and will now not open stores until it receives the “go-ahead” from the government.
Frasers Group has said that it will not meet its growth targets for 2020, because of the coronavirus outbreak.
Frasers Group buys stake in MulberrySubscription
Mike Ashley’s Frasers Group, formerly known as Sports Direct International, has bought a 12.5% stake in British luxury handbag company Mulberry.
The retail industry is calling for urgent action on business rates from the government as high streets across the UK prepare for another wave of store closures.
Frasers Group closes further Jack Wills storesSubscription
Frasers Group has announced the closure of a further six Jack Wills stores, after its acquisition of the lifestyle brand last August.
Mike Ashley’s Frasers Group, formerly Sports Direct, has called for an “urgent fundamental review” of business rates to prevent “desolate” high streets in a letter to the prime minister Boris Johnson.
The top 10 stories of 2019Subscription
2019 has been a tough year for fashion brands and retailers, which is reflected in the rather dismal tone of many of this year’s top 10 most-read online stories.
Luxury retailer Flannels has opened its biggest store yet in a former House of Fraser store on Belfast’s Victoria Square.
Sports Direct will decide on the closure of loss-making House of Fraser stores within “months” if the government fails to change the current business rates system, CEO Mike Ashley has said.
Sports Direct revenues riseSubscription
Mike Ashley’s Sports Direct International has reported rising revenue and profits as the retail group reaps the rewards of acquisitions, a strong performance in its premium lifestyle division and the sale of its Shirebrook distribution centre.
Drapers investigates the dominance of Nike and Adidas in the sportswear industry as they both shift toward direct-to-consumer strategies.
Mike Ashley is to close the Milton Keynes House of Fraser store, blaming Harrods for the expected 172 job losses.
Sports Direct offers up Lillywhites London leaseSubscription
Sports Direct could be on the cusp of ditching its Lillywhites store on London’s Piccadilly Circus, having reportedly put its lease on the market.
Sports Direct's Ashley settles US legal disputeSubscription
Sports Direct owner Mike Ashley has settled a US legal dispute, days after he was called to give evidence under international law.
Sports Direct to rebrand as FrasersSubscription
Sports Direct International plc is set to rebrand as Frasers Group to reflect its “changing profile” and “elevation strategy”.
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.