Tag: Sports Direct

Judgement Day Awaits BHS Today

Judgement day awaits BHS today
Posted on 25 April, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

Iconic high street retailer BHS is facing uncertainty today, as the store could be filing for administration due to £1.3bn of debt and a stand-off between its owner and the biggest lender. The store’s original majority stakeholder and owner of... Read More

River Island and Sports Direct Join Coliseum Shopping Park’s £3m Revamp

Posted on 7 August, 2015 by Chris Grigorovsky under Commercial Developments

River Island and Sports Direct have recently signed up to join the Coliseum Shopping Park in Ellesmere Port, as part of the second phase of the £3m investment programme for the complex. Taking 5,000 sq ft and 10,000 sq ft units respectively, River Island... Read More

JD Sports posts Strong Results on back of Expansion Programme

Posted on 18 April, 2015 by Kirsten Kennedy under Business News

As the consumer climate continues to improve, sports retailers in particular are noting a considerable uptick in sales due to customers spending more on gym equipment and sportswear. This, along with an international expansion programme, has allowed high... Read More

Sports Direct targets International Expansion following Record Breaking leap in Profits

Posted on 17 July, 2014 by Kirsten Kennedy under Business News

For several years now the Sports Direct chain founded by Newcastle United owner Mike Ashley has been a dominant force in the British retail industry, with a raft of high street openings and numerous brand acquisitions propelling it to massive success. Yet... Read More

Sports Direct enters Talks to Buy Irish Elverys Chain

Posted on 6 February, 2014 by Kirsten Kennedy under Business News

Sports Direct has become a powerhouse of the British retailing scene, in part, due to the acquisitions it has made. Now the chain appears to be looking further afield with founder Mike Ashley having spent the past weekend in Dublin. It is thought that he... Read More

Sports Direct swaps Debenhams Shares for Options

Posted on 17 January, 2014 by Cliff Goodwin under Business News

In a complex piece of financial engineering, Sports Direct has sold its 4.6 per cent stake in the department store chain Debenhams — just four days after spending £46m to acquire the shares. The sports retailer — whose controversial boss Mike... Read More

Sports Direct Saves Fashion Retailer Republic

Posted on 5 March, 2013 by MOVEHUT under Commercial Sales and Lets

Leading high street sports retailer, Sports Direct purchased the struggling fashion retailer, Republic for an undisclosed amount on the 28th February. The deal will save 114 of the 121 commercial properties and secure over 2,000 jobs. Sports Direct... Read More

Summer of Sport Boosts Sports Direct Revenues

Posted on 17 December, 2012 by Kirsten Kennedy under Business News

It is fair to say that the Olympic and Paralympic Games created something of a stir in Britain earlier this year. As well as London being the home ground for the events for the first time since 1948, Team GB did the country proud by eventually finishing third... Read More

Shares Suspension at JJB Sports puts Workers on Edge

Posted on 26 September, 2012 by Kirsten Kennedy under Business News

The past few months have seen troubled retailer JJB Sports go through a great deal of turbulence in terms of the future for the business.... Read More

Sports Direct Boss to Buy Out Struggling JJB Sports International

Posted on 20 September, 2012 by Kirsten Kennedy under Business News

With the recession seeing many commercial property chains go into administration, it is hardly surprising that big business owners are taking advantage of their rivals’ difficulties by making offers that boards of directors find hard to refuse.... Read More