Tag : Mike Ashley
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.
Frasers mini-chain to debut in WolverhamptonSubscription
House of Fraser has announced that it will unveil its new Frasers luxury department store concept in the Mander Centre in Wolverhampton.
A third of Sports Direct investors reportedly voted against Mike Ashley maintaining his role as CEO at the group’s annual general meeting yesterday.
Mike Ashley faces shareholder revolt Subscription
Sports Direct boss Mike Ashley is reported to be facing a shareholder rebellion ahead of the retailer’s upcoming annual meeting in September.