Sports Direct International Plc

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More House of Fraser stores to close? Beth Wright | 12 Nov 18

UK department store retailer House of Fraser could be preparing for another tranche of store closures after landlords refused to agree to new boss Mike Ashley's proposed terms.


Sports Direct denies Debenhams takeover reports Michelle Russell | 13 Sep 18

House of Fraser's new owner Sports Direct has been forced to issue a statement denying reports it intends to make a takeover offer for struggling British department store group Debenhams.


House of Fraser cancels online orders amid dispute Michelle Russell | 17 Aug 18

UK department store retailer House of Fraser is cancelling all online orders and refunding customers following a reported dispute with its warehouse operator.


Sports Direct buys House of Fraser for GBP90m Beth Wright | 10 Aug 18

UK department store retailer House of Fraser has been bought by Mike Ashley's Sports Direct group in a GBP90m (US$115m) deal announced just hours after the chain went into administration.


M&S tops UK high street index Beth Wright | 3 Aug 18

Marks & Spencer has topped a new UK high street fashion ranking for brand health, which assesses consumer satisfaction, impression, and brand reputation.


Sports Direct in Iconix cooperation agreement Beth Wright | 1 Aug 18

Iconix Brand Group has entered into a cooperation agreement with Sports Direct International in a deal that grants the UK high street sportswear chain the right to appoint two members of the company's board of directors.


House of Fraser silent over "rescue talks" Michelle Russell | 31 Jul 18

Struggling UK department store retailer House of Fraser has declined to comment on reports it is in talks with Sports Direct owner Mike Ashley over a GBP50m (US$65.8m) rescue deal.


Debenhams weighs on Sports Direct FY earnings Michelle Russell | 19 Jul 18

Sports Direct saw earnings slump by nearly three-quarters in its last fiscal year as the UK high street sportswear chain took a hit on the value of its stake in Debenhams.


Sports Direct divests all interest in Finish Line Beth Wright | 20 Jun 18

UK high street sportswear chain Sports Direct has divested all interest in US-based athleticwear chain Finish Line – and says it has an 8.6% stake in Iconix Brand Group.


Findel eyes greater ties with Sports Direct Beth Wright | 6 Mar 18

Online value retail and education business Findel is exploring the possibility of further developing the commercial supply arrangements between its largest subsidiary – Express Gifts – and UK sportswear retailer Sports Direct International.


Sports Direct raises stake in Debenhams to over 29% Beth Wright | 5 Mar 18

UK sportswear retailer Sports Direct International has once again increased its stake in British department store group Debenhams in the latest of a series made since 2014.


Sports Direct shares tumble as H1 profit plummets 67.3%  Beth Wright | 14 Dec 17

Shares in Sports Direct International were down 9.6% this morning (14 December) as profit more than halved in the UK sportswear retailer's first six months of the year, despite what chief executive Mike Ashley said was a "spectacular trading performance".


Sports Direct eyes GBP1bn credit facility Beth Wright | 22 Nov 17

UK high street sportswear chain Sports Direct says it is likely to seek a deal to extend its revolving credit facility (RCF) to GBP1bn (US$1.3bn) after entering into a deal to borrow up to GBP907.5m.


Sports Direct prepares to launch new retail chain Michelle Russell | 2 Nov 17

UK high street sportswear chain Sports Direct, owned by business tycoon Mike Ashley, is developing a new retail chain selling a range of products from fashion and homeware to DIY and electrics.


Finish Line shares soar on takeover talks Michelle Russell | 29 Sep 17

Shares in athletic footwear chain Finish Line have soared on news it is in sale talks with a Europe-based retailer.


Sports Direct confirms Flannels takeover Hannah Abdulla | 6 Sep 17

UK high street sportswear chain Sports Direct has confirmed it has taken complete ownership of luxury retailer Flannels.


Sports Direct raises stake in Debenhams to over 21% Michelle Russell | 22 Aug 17

UK sportswear retailer Sports Direct International has once again increased its stake in British department store group Debenhams in the latest of a series made since 2014.


Sports Direct appoints CFO as FY profits more than halve Michelle Russell | 20 Jul 17

Sports Direct International has appointed a new finance chief as the UK sportswear retailer revealed profits more than halved in its last financial year – its lowest for six years – on the back of sterling weakness.


Sports Direct ups stake in Debenhams to 19% Beth Wright | 29 Jun 17

UK sportswear retailer Sports Direct International has once again increased its stake in British department store group Debenhams in the latest of a series made since 2014.


Sports Direct boosts US portfolio with Bob's Stores and EMS Beth Wright | 15 Jun 17

SDI USA LLC, part of UK sportswear retailer Sports Direct International, has acquired US retail chains Bob's Stores and Eastern Mountain Sports (EMS).


Sports Direct continues to up stake in Debenhams Michelle Russell | 9 May 17

UK sportswear retailer Sports Direct International has once again increased its stake in British department store group Debenhams in the latest of a series made since 2014.


Sports Direct grows US presence with Eastern Outfitters buy Michelle Russell | 24 Apr 17

Sports Direct International is looking to grow is presence in the US with the acquisition of two US retail chains, Bob's Stores and Eastern Mountain Sports.


Sports Direct completes Dunlop sale for US$137.5m Beth Wright | 4 Apr 17

UK retailer Sports Direct has completed the sale of its Dunlop sports brand to a Japanese buyer for US$137.5m.


Sports Direct ups stake in Debenhams to 16% Michelle Russell | 3 Apr 17

UK sportswear retailer Sports Direct International has increased its stake in British department store group Debenhams.


The Flanarant - Wage abuses can’t be eliminated by software and flash PR Mike Flanagan | 27 Feb 17

It is not just alleged Asian sweatshops where there are widespread wage abuses, Mike Flanagan reminds us. But is the British government concentrating too much on headline-grabbing mistakes at high street retailers in its "name and shame" campaign against abuse at home?


Sports Direct to sell Dunlop for US$137.5m Beth Wright | 3 Jan 17

UK retailer Sports Direct has revealed it is to sell its Dunlop sports brand to a Japanese buyer for US$137.5m.


Sports Direct issues caution as H1 earnings tumble  Michelle Russell | 8 Dec 16

UK retailer Sports Direct has issued a warning for the year ahead after booking a drop in first-half earnings as a result of property investment costs and a reduction in assets.


Sports Direct acting CFO the latest to step down Michelle Russell | 13 Oct 16

Matt Pearson, the acting finance chief of Sports Direct, has become the second senior executive to resign in the last few months following the announcement of CEO Dave Forsey's departure just weeks ago. 


UK holiday retail roundup Michelle Russell and Katie Smith | 14 Jan 16

With the holiday season done and dusted, UK apparel and footwear retailers are counting the cost. In the most recent Christmas trading reports, JD Sports, SuperGroup, Fat Face and Debenhams saw sales rise over the all-important trading period, while Tesco and Matalan recorded a decline in revenue. Sainsbury's posted an increase in clothing sales, Shop Direct delivered "record breaking" results, and Ted Baker enjoyed a "good retail performance". 


Sports Direct lifts stake Iconix Brand Group Katie Smith | 13 Jan 16

UK retailer Sports Direct has has increased its stake in US brand management company Iconix Brand Group and bought a stake in Dick's Sporting Goods as part of its long-term strategy. 

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