Tag : Mike Ashley
TK Maxx has accused Mike Ashley’s Sports Direct of attempting to “deceive the public” by opening new stores under the Brand Max fascia.
Sports Direct owner Mike Ashley has written down the entire value of his £11m stake in House of Fraser before the retailer proposed its company voluntary arrangement (CVA) last week.
Sports Direct boss Mike Ashley has filed a formal complaint to Parliament concerning the conduct of former MP Ian Wright, who chaired the business, innovation and skills select committee.
Includes Sports Direct, Agent Provocateur, Debenhams, House of Fraser
Sports Direct and Findel consider tie-up Subscription
Mike Ashley’s Sports Direct and the value retailer he also backs, Findel, are to increase their commercial partnership, following a successful pilot which saw Sports Direct’s products sold on the Findel site.
Findel posts sales growthSubscription
Mike Ashley-backed value retail and education group Findel has posted 11% growth in product sales at its retail arm in the 42 weeks to 19 January.
Last year: 14
Sports Direct profits tumbleSubscription
Reported pre-tax profit at Sports Direct dropped by 67% to £45.8m in the 26 weeks to 29 October, while its UK sales suffered due to reduced promotional activity online.
Shareholders at Sports Direct have voted against a proposed £11m payout to founder Mike Ashley’s brother, John Ashley.
Mike Ashley eyes £30m Brixton market takeover Subscription
Sports Direct is reportedly the frontrunner to snap up Brixton’s covered markets in a £30m deal.