Tag : Mike Ashley
Sports Direct to stop borrowing from Mike Ashley Subscription
Sports Direct has said it will increase its borrowing through revolving credit facilities with banks and stop using money loaned by founder Mike Ashley.
Sports Direct owner Mike Ashley has been warned by the government that he could be in contempt if he fails to give evidence at Westminster over the treatment of his workers before June 1.
Mike Ashley vows to save BHS and protect jobsSubscription
Sports Direct boss Mike Ashley has vowed to save BHS and protect stores and staff, in a new bid for the chain he confirmed this weekend.
Mike Ashley to give evidence over BHS collapse Subscription
Sports Direct owner Mike Ashley is to give evidence to MPs over the collapse of BHS.
Mike Ashley’s BHS bid still hangs in balanceSubscription
Sports Direct founder Mike Ashley’s bid for a package of BHS stores and the right to use its name still hangs in the balance, while another unnamed retailer is vying for a number of stores, a source close to the situation has told Drapers.
Sports Direct outbid for Debenhams IrelandSubscription
Debenhams is believed to be the frontrunner to acquire its Irish business out of examinership, seeing off competition from Mike Ashley’s Sports Direct, which was reportedly the only other “serious bidder”.
In the wake of a damning report by the business, innovation and skills committee into Sports Direct’s employment practices, which was released to the public today (July 22), the company looks set to become a cautionary tale for retailers.
Sports Direct’s annual report has revealed a staff turnover rate of 22%, almost three times the national average.
Sports Direct has committed to an external evaluation of its board later this year, after founder Mike Ashley admitted the company had “outgrown him” at a parliamentary hearing earlier this year.
Sports Direct opens AGM to publicSubscription
Sports Direct will allow non-shareholders to attend its AGM this September, as part of a company open day.