Tag : Mike Ashley
Mike Ashley ups stake in Four MarketingSubscription
Frasers Group chief executive Mike Ashley has increased his shareholding in brand agency Four Marketing to 49% – up from 32.5% in May 2019.
Frasers Group reviews furlough payments Subscription
Mike Ashley’s Frasers Group, formerly known as Sports Direct International, has decided to keep salary levels at 100% in May for the majority of its employees.
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.
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.
Four forces redefining the high streetSubscription
As the retail industry returns from its collective summer holidays and looks ahead to the autumn season, Drapers recaps how the high street has changed so far this year
Jack Wills’ new owner, Sports Direct, is asking landlords to accept rent-free tenancy agreements across some of its worst-performing stores, Drapers can reveal.
Sports Direct seeks Jack Wills rent cutsSubscription
Jack Wills’ new owner, Sports Direct, is reported to be negotiating with landlords to slash rents across its 100-store portfolio.
Questions over Ashley’s strategy with Jack Wills Subscription
Industry insiders have questioned Mike Ashley’s long-term strategy as he continues to “irrationally hoover up the high street”.
Sports Direct frontrunner for Jack Wills sale Subscription
The private equity owner of Jack Wills, BlueGem, is reportedly close to agreeing a sale of the business to Sports Direct’s Mike Ashley.