Sports Direct International Plc

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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. 


Sports Direct warns on profit after Christmas  Katie Smith | 11 Jan 16

UK retailer Sports Direct has cut its full-year profit guidance after mild weather hampered Christmas sales. 


Analysts upbeat on Sports Direct H1 profit growth  Katie Smith | 10 Dec 15

UK retailer Sports Direct has delivered a "stable" first-half performance, according to one analyst, with a double-digit profit increase as well as sales and margin improvements. 


Sports Direct buys remaining share in Warrnambool Michelle Russell | 7 Oct 15

Sports Direct has entered into a EUR47.5m (US$53.4m) agreement to purchase a majority stake in Warrnambool, the parent company of Irish retailer Heatons, and acquire the remaining shares it does not own in the retailer.


Sports Direct trading “in line” with expectations Katie Smith | 9 Sep 15

UK retailer Sports Direct has said trading in the new financial year has continued to be in line with management expectations.


Sports Direct shareholder to vote against Ashley Katie Smith | 8 Sep 15

UK retailer Sports Direct is remaining silent after shareholder Royal London Asset Management revealed it will vote against owner Mike Ashley's re-election to the board as deputy chairman.


Expansion boosts Sports Direct FY performance Michelle Russell | 16 Jul 15

UK retailer Sports Direct International has revealed strong full-year sales and earnings, despite poor weather and falling footfall, and driven by expansion in the UK and across Europe.


Sports Direct shares climb on improved outlook Michelle Russell | 28 May 15

UK retailer Sports Direct International saw its share price climb this morning (28 May) as it revealed full-year underlying pre-tax profit in line with market expectations.


Sports Direct signs Tony Hawk license deal Michelle Russell | 8 Apr 15

Cherokee Global Brands has entered into a new license agreement with Sports Direct International to launch a line of Tony Hawk athletic clothes and accessories for the European market.


Sports Direct profit up despite weak winter Richard Woodard | 19 Feb 15

Retailer Sports Direct International overcame a weak winter sports season for its Austrian subsidiary to post increases in gross profit and revenue for the three months to 25 January.


Sports Direct silent on lay-off investigation Michelle Russell | 11 Feb 15

Sports Direct International has remained tight-lipped over reports it is facing an investigation over the way 80 staff at its Scottish warehouse were made redundant when administrators were called in.


USC chain bought out of administration by Republic Michelle Russell | 20 Jan 15

Sports Direct International owner Mike Ashley has placed his USC apparel chain into administration and re-acquired it through his Republic clothing fascia.


Sports Direct silent on USC "store closures" Michelle Russell | 9 Jan 15

UK retailer Sports Direct International has remained tight lipped over reports it is planning to close up to a third of its loss-making USC fashion stores.


Sports Direct delivers "robust" H1 Michelle Russell | 11 Dec 14

UK retailer Sports Direct International has delivered a robust performance in its first-half, analysts have said, with earnings up nearly 10%.

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