Tag : Mike Ashley
House of Fraser suppliers hit out at Ashley’s U-turn Subscription
House of Fraser suppliers have told Drapers they fear for the future of the struggling department store chain and questioned if Sports Direct’s Mike Ashley did his due diligence before he bought it.
House of Fraser weighs heavily on Sports DirectSubscription
Ahead of Sports Direct’s delayed results, expected on Friday, Drapers analyses Mike Ashley’s progress in transforming House of Fraser into the “Harrods of the high street” and integrating it into the group alongside premium fascia Flannels.
Sports Direct delays results Subscription
Mike Ashley’s retail empire Sports Direct has delayed announcing its financial results, following speculation about a fall in earnings, in a year in which the group pursued several large-scale takeover bids.
Sports Direct's head of retail exitsSubscription
Mike Ashley’s head of retail, Karen Byers, has resigned from Sports Direct after 28 years.
Malaysia pension fund buys Sports Direct HQSubscription
Mike Ashley’s Sports Direct Group headquarters has been sold to Malaysia’s Employees Provident Fund (EPF) for $153 million (£120m), the Sunday Times has reported.
Sports Direct sells MySale stakeSubscription
Sports Direct International has sold its share in Australian etailer MySale Group.
House of Fraser suppliers back premium revampSubscription
House of Fraser suppliers have largely welcomed plans to rebrand 31 of its branches as a premium chain, but landlords are likely to play hard ball in the proposed rent break negotiations.
The owner of the Stamford Quarter shopping centre in Altrincham has submitted plans to redevelop the House of Fraser department store into a retail, office and residential scheme.
Sports Direct sells Dublin flagship Subscription
Sports Direct has reportedly sold its Dublin city centre flagship for around €20m (£17.3m), just three years after it purchased the property for a reported €12m (£10.4m).
Sports Direct has called Debenhams’ pre-pack administration a “national scandal”, and called for the process to be reversed in favour of a “full, better and appropriate solvent solution”.