Sports Direct International PLC

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Market Cap:
£1.22 billion
52 weeks high
52 weeks low

Viewing results 1-25 of 247


Sports Direct left in the lurch as long-serving auditor quits

Grant Thornton will step down from its role as auditor next month, and none of the other big accounting firms have shown an interest in taking over...

3 days, 3 hours ago
Retail & consumer

Sports Direct continues takeover of UK high street, with £12.75mln cash purchase of clothing retailer Jack Wills

Jack Wills, which was put up for sale since July by private equity owners Bluegem Capital Partners, currently employs 1,800 people and has 110 of its own stores throughout the UK....

1 week, 5 days ago
Retail & consumer

Sports Direct reports "horror show" results; investors spooked by Belgian tax bill and House of Fraser warning

The retailer said it feared problems at House of Fraser were “nothing short of terminal in nature” as the chain reported an operating loss of £54.6m, worse than analysts had expected...

3 weeks, 1 day ago
Retail & consumer

Recent profit warnings put a £200mln dent in ASOS founder’s net worth

Nick Robertson’s stake in the online fashion retailer has plunged after two recent profit warnings, and he’s not the only retail mogul to have suffered in recent years...

4 weeks, 2 days ago
Retail & consumer

Sports Direct warns profit drop could be bigger than feared as it delays annual results by up to five weeks

Chief executive Mike Ashley took a £90mln punt on House of Fraser last August hoping to turn it into the ‘Harrods of the high street, but there has been little evidence so far to suggest the transformation is on track...

on 15/7/19
Retail & consumer

Sports Direct secures over 50% of shares in takeover of GAME Digital

The FTSE 250 retailer, which already owns around 38.49% of GAME, said as of 1pm on 8 July it had received acceptances amounting to 15.82% of the company’s total share capital...

on 9/7/19
Retail & consumer

Debenhams' landlord M&G drops lawsuit over CVA, urges Sports Direct to do the same

Debenhams said it has resolves its dispute with M&G following “positive, constructive discussions”....

on 8/7/19
Retail & consumer

GAME Digital is a high-profile casualty of a revolution in the video game markets

The high street retailer has borne the brunt of an increasing swing from physical disks to digital video game sales...

on 4/7/19
Retail & consumer

GAME Digital directors back Sports Direct takeover offer

The takeover offer by Mike Ashley's retail empire, originally announced in June, values the video game retailer at around £52mln...

on 4/7/19
Retail & consumer

Sports Direct to vote against reappointment of Goals Soccer board amid accounting spat

The retailer, which has a 18.9% stake in Goals, said the move had been prompted by a “perceived lack of transparency” and “loss of confidence” in the board after management rejected a request to appoint corporate investigator Kroll to carry out an independent review of the accounts...

on 21/6/19
Retail & consumer

Goals Soccer rejects Sports Direct’s request for another investigation into tax cock-up

Goals has already brought in experts to look at how it ended up owing £12mln to the taxman, but Sports Direct wanted it to consent to another, independent investigation...

on 20/6/19
Retail & consumer

Mulberry swings to annual loss as it suffers hit from House of Fraser collapse

“Looking ahead, we anticipate that international and digital sales will continue to grow whilst UK retail trading conditions are expected to remain uncertain,” said chief executive Thierry Andretta....

on 19/6/19
Retail & consumer

Quiz scraps dividend after House of Fraser collapse and discounting hit profits

The retailer's full-year pre-tax profit fell to £0.2mln, down from £8.5mln a year earlier as the fashion retailer took a £0.4mln bad debt provision after House of Fraser entered administration ...

on 11/6/19
Retail & consumer

Sports Direct launches £52mln takeover offer for GAME Digital

Sports Direct offered 30p per share for GAME, representing a 27.4% premium to the closing price of 23.55p on Tuesday...

on 5/6/19
Retail & consumer

Findel plans name change after lifting full-year profits

Online value retailer says a trial collaboration with Sports Direct has not been that successful but talks about other projects are ongoing...

on 5/6/19
Retail & consumer

WH Smith ranked as worst UK retailer in national survey - once again

Consumers described WH Smith stores as “cramped, messy and dirty” with “unhelpful staff”....

on 29/5/19
Retail & consumer

Sports Direct sells 'gulag' Shirebrook warehouse for £120mln

The FTSE 250 sportswear retailer, run by infamous retail tycoon Mike Ashley, said the deal was expected to complete by 21 June, after which it would sign a 15-year lease on the site...

on 28/5/19
Retail & consumer

Goals Soccer issues profit warning as accounting fiasco drags on

The five-a-side pitch operator said in an update that after “extensive” financial forecasting work it expected its fiscal year ending December 31 to be “materially below” prior expectations...

on 28/5/19
Retail & consumer

Debenhams lenders back restructuring plan, leaving 50 stores facing the axe

The group is also trying to reduce rents across the remaining estate by as much as 50% on some of its stores...

on 10/5/19
Retail & consumer

Debenhams to remain in the hands of lender consortium as administrator fails to find suitable buyer

Celine UK NewCo 1 Ltd, which represents the consortium, said none of the bids received for the chain had been “at the level required to be taken forward”...

on 9/5/19
Retail & consumer

Findel shareholders reject Sports Direct takeover offer

Sports Direct was forced to make a buyout offer last month after its stake in Findel exceeded 30%....

on 3/5/19
Retail & consumer

Sports Direct faces probe from regulators over Debenhams bid

The FCA has voiced concerns around the Mike Ashley-owned retail giant's disclosure of information regarding a possible bid for the department store chain prior to its collapse...

on 3/5/19
Retail & consumer

Debenhams' chief executive set to depart as restructuring process gets underway

The department store chain was bought out of administration last week by its lenders...

on 15/4/19
Retail & consumer

Five things Primark is doing right to avoid same fate as Debenhams and House of Fraser

With the launch of its Birmingham megastore, Primark is giving customers a shopping experience –a trend Liberum analyst Robert Waldschmidt thinks other retailers will follow to improve footfall ...

on 11/4/19
Retail & consumer

Sports Direct fires another broadside at Debenhams’ board as it launches a new share buyback

“Our understanding of the importance of our shareholders and our actions towards them are in complete contrast to the actions of the board of Debenhams, past and present," Sports Direct said...

on 11/4/19