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Sports Direct raises stake in Debenhams to over 29%
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%
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
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
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
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
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%
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
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%
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
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
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
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
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%
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
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
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
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
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 roundupWith 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
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
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
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
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
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
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
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
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
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
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
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.
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