Tag : Mike Ashley
Mike Ashley, chief executive of Frasers Group, has issued a public apology after a spat with the government over trying to keep his Sports Direct stores open when non-essential businesses were ordered to close.
Mulberry is Frasers' pick of the cropSubscription
Drapers examines what Frasers Group’s stake in Mulberry means for the brand and Mike Ashley’s quest to create the “Harrods of the high street”.
Frasers Group settles Belgian tax dispute Subscription
Mike Ashley’s Frasers Group, formerly known as Sports Direct International, has settled its tax dispute with Belgian authorities.
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.
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.
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.
Mike Ashley group profits crumble Subscription
Pre-tax profits have fallen by 80% to £20.87m at Mash Holdings, Mike Ashley’s investment firm, for the year to 29 April 2018.
Sports Direct acquires retail parkSubscription
Sports Direct has acquired the Brookfield Shopping Park in Cheshunt, Hertfordshire, for £25.4m.