Sports Direct International Plc

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Pacific Brands divests brand and workwear units Katie Smith | 1 Dec 14

Australian retailer Pacific Brands has completed its divestments of the Brand Collective and Workwear businesses.

Pacific Brands divests Brand Collective for AUD39m Katie Smith | 18 Nov 14

Australian retailer Pacific Brands is to split and sell off its loss-making Brand Collective apparel and footwear business for AUD39m (US$34m).

Sports Direct raises interest in Debenhams to 12.7% Michelle Russell | 7 Nov 14

Sports Direct has raised its stake in UK department store retailer Debenhams, taking owner Mike Ashley's shareholding to 12.7%.

UK Primark supplier goes into administration Michelle Russell | 30 Oct 14

Value fashion retailer Primark says it stopped placing orders with one of its UK supplier that has since gone into administration.

Sports Direct takes Debenhams stake to 11.2% Michelle Russell | 3 Oct 14

Sports Direct has acquired a further 4.6% stake in UK department store retailer Debenhams.

UK: Sports Direct makes bet on Tesco shares Michelle Russell | 25 Sep 14

UK retailer Sports Direct International has made a GBP43m (US$70.1) bet on shares in beleaguered retailer Tesco.

UK: Sports Direct Q1 sales and profits rise Katie Smith | 10 Sep 14

UK retailer Sports Direct International has booked an increase in first-quarter sales and profit, despite a "disappointing" performance around the World Cup.

UK: House of Fraser completes sale to Nanjing Cenbest Katie Smith | 3 Sep 14

The sale of UK department store retailer House of Fraser to the Shanghai-listed retail arm of Chinese conglomerate Sanpower Group for GBP480m (US$791.9m) has been completed.

UK: Mothercare CFO takes Debenhams finance chief role Michelle Russell | 28 Jul 14

UK department store retailer Debenhams has appointed Mothercare CFO Matt Smith as its finance chief.

UK: City hails Sports Direct's strong FY performance Richard Woodard | 17 Jul 14

Sports Direct's near 20% rise in full-year profit has been hailed as a strong performance by one analyst, who expects earnings growth to continue.

UK: Sports Direct dismisses Office takeover talk Katie Smith | 30 Jun 14

Retailer Sports Direct International has said it is not considering an offer UK footwear chain Office following recent trade speculation.

ANALYSIS: Debenhams struggles to shed promotional image Michelle Russell | 20 Jun 14

It could be some time before Debenhams returns to a quality proposition, analysts believe, despite the UK department store retailer revealing several developments it hopes will remedy ongoing struggles.

UK: Sports Direct on track to hit full-year profit target Katie Smith | 23 Apr 14

UK retailer Sports Direct International says it is confident it will meet its full-year profit target, after booking a double-digit hike in fourth-quarter sales.

UK: Sports Direct founder takes stake in House of Fraser Michelle Russell | 8 Apr 14

Mike Ashley, the founder of retailer Sports Direct International, has acquired an 11% stake in department store group House of Fraser.

UK: Ashley sells GBP223m Sports Direct stake Michelle Russell | 8 Apr 14

Mike Ashley, the founder of Sports Direct International, has sold a GBP223m (US$372.6m) stake in the sporting goods retailer.

IRELAND: 700 jobs saved in Elverys management buyout Katie Smith | 1 Apr 14

Around 700 jobs have been saved as a result of a management buyout of Irish sportswear chain Elverys, which has been in examinership since February.

UK: Sports Direct “confident” after 11% Q3 sales surge Richard Woodard | 19 Feb 14

Retailer Sports Direct International said it was on track to meet its full-year earnings forecast after seeing group sales rise 11.2% in the three months to 18 February.

UK: Sports Direct silent on Heatons legal action Katie Smith | 14 Feb 14

UK retailer Sports Direct has refused to be drawn on a report it is in the process of taking legal action against Irish department store retailer Heatons.

UK: Sports Direct sets sights on Elverys acquisition Katie Smith | 7 Feb 14

UK retailer Sports Direct has welcomed news that a temporary examiner has been appointed for Elverys, as it sets its sights on acquiring the Irish sportswear chain.

UK: Sports Direct silent on Elverys takeover talk Katie Smith | 5 Feb 14

UK retailer Sports Direct has refused to be drawn on reports it is looking to acquire Elverys, the oldest sports chain in Ireland.

Spotlight on…Analysts surprised at Tesco interest in Mothercare Michelle Russell | 20 Jan 14

Reports surfaced over the weekend that UK retail giant Tesco weighed up a bid for Mothercare around six months ago. The claims seem to have taken industry observers by surprise given Tesco's focus on sweating its existing assets and improving capital discipline. Some believe it more likely that any potential tie-up would see the supermarket chain strike a deal to sell the baby goods in its stores.

UK: Sports Direct disposes of Debenhams stake Michelle Russell | 16 Jan 14

Sports Direct International, owned by Newcastle United football club owner Mike Ashley, has sold its 4.6% stake in UK retailer Debenhams just days after purchasing it.

UK: Sports Direct takes 4.6% stake in Debenhams Michelle Russell | 13 Jan 14

Sports Direct International, owned by Newcastle United football club owner Mike Ashley, has acquired a 4.6% stake in UK retailer Debenhams.

UK: JD Sports books "robust" Christmas sales Katie Smith | 10 Jan 14

JD Sports Fashion has hailed a "robust performance" over Christmas, driven by its core sports fascias, and expects further growth elsewhere in the group this year.

UK: Sports Direct Q3 ahead of expectations Michelle Russell | 12 Dec 13

Sports Direct International has booked a third-quarter performance ahead of management expectations and reiterated its full-year earnings guidance.

UK: Sports Direct sales growth continues in Q2 Katie Smith | 23 Oct 13

Sports Direct International today (23 October) said it remains confident of reaching its full-year profit target after recording a 15.1% increase in second-quarter sales.

UK: Sports Direct posts strong first quarter results Petah Marian | 11 Sep 13

Sports Direct has recorded a "strong start to the year" with first quarter results "ahead of management's expectations".

UK: Sports Direct FY pre-tax profit shoots up Petah Marian | 18 Jul 13

Sports Direct has seen full-year pre-tax profit shoot up as the company recorded a strong performance in its sports division.

UK: Interest grows in collapsed retailer Nicole Farhi Katie Smith | 9 Jul 13

More than 50 UK and overseas firms have expressed interest in buying upmarket UK fashion retailer Nicole Farhi, less than a week after it collapsed into administration.

UK: Retail administrations down by 30% in first-half Leonie Barrie | 3 Jul 13

The number of UK retailers falling into administration in the first half of 2013 fell by nearly one-third, with new research suggesting those that remain in business are now stronger and more robust.








just-style homepage

Forgot your password?