All Mike Ashley articles
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News
Mike Ashley’s Frasers swoops in with late rescue bid for Debenhams
Frasers Group has made a last-minute rescue bid for ailing department store chain Debenhams, with owner Mike Ashley vowing to save as many jobs as possible.
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News
Ashley offers Arcadia a lifeline as Cowgill backs away from Debenhams deal
The imminent collapse of Sir Philip Green’s Arcadia empire has prompted a domino effect in the high street, with JD Sports’ rescue bid for Debenhams now in jeopardy.
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News
Mike Ashley hits out at Debenhams as liquidator waits in wings
Mike Ashley has raged after allegedly being excluded from the race to buy Debenhams as restructuring firm Hilco prepares to liquidate parts of the business.
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News
Frasers Group considers mothballing Bob’s Stores chain after Nike severs ties
Frasers Group has launched a strategic review of its Bob’s Stores chain in the US after Nike revealed it will stop supplying product to the business.
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News
Frasers Group blames profit slump on Brexit and coronavirus
Mike Ashley’s Frasers Group reported a slump in profits that it blamed on a prolonged period of Brexit uncertainty followed immediately by the coronavirus crisis.
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Opinion
‘Mike Ashley’s Frasers Group is not just unconventional – it’s unprofessional’
When a stock market announcement comes through from Frasers Group, formerly known as Sports Direct, you never know what to expect. A rant from founder Mike Ashley at landlords , the government or his rivals ? A shiny new acquisition ? The resignation of its auditor ?
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News
Frasers Group set to open Leicester megastore
Frasers Group has announced plans to open a flagship store in Leicester’s Fosse Park which will combine its Flannels, Sports Direct, Evans Cycles and Game fascias.
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News
Frasers Group accused of paying warehouse staff below minimum wage
Mike Ashley’s Frasers Group has again been accused of paying warehouse workers below minimum wage for the second time in five years.
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News
Mike Ashley praises staff as Frasers Group readies to ‘potentially’ reopen stores
Frasers Group, formerly known as Sports Direct International, has said that it will pay 100% of salaries for the majority of its employees in May.
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News
Animal rights group Peta buys stake in Frasers Group
The animal rights group Peta has bought a stake in Mike Ashley’s Frasers Group, allowing activists to attend the retailer’s annual investors meeting in September.
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News
Frasers Group set to close six Jack Wills stores
Struggling fashion brand Jack Wills, owned by Mike Ashley’s Frasers Group, is set to shutter more stores.
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News
Debenhams raises fears after seeking further rent cuts
Debenhams has raised concerns for its future after seeking further rent cuts only seven months after they were slashed in a restructuring process.
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Analysis
In quotes: Mike Ashley on Debenhams debacle, Wild West practices and clueless Corbyn
Sports Direct tycoon Mike Ashley opened fire at today’s half-full year results and his list of gripes is a long one. Retail Week surmises his rants.
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News
Sports Direct launches takeover bid for Goals Soccer Centres
Mike Ashley is continuing his acquisition spree after the Sports Direct boss launched an official takeover bid for Goals Soccer Centres.
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Opinion
Opinion: Can French Connection find a buyer?
As struggling retailer French Connection extends sale talks again, can boss Stephen Marks keep potential buyers interested?
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Analysis
The many faces of Mike Ashley: Deal maker, drinker, disruptor
“It’s like he’s playing Pokémon or something – trying to catch ‘em all.”
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Opinion
Opinion: Has Mike Ashley made a meal of his masterplan?
Sports Direct’s postponement of its full-year results has set off City alarm bells – has the retailer’s founder Mike Ashley bitten off more than he can chew?
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News
Sports Direct’s Mike Ashley loses second key ally
Sports Direct boss Mike Ashley has lost a second key ally in the space of a week after the retailer’s company secretary stepped down.
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News
Ashley calls for Goals Soccer Centres boardroom cull
Sports Direct boss Mike Ashley has called for a Goals Soccer Centres boardroom cull due to “the perceived lack of transparency” in its ongoing accounting crisis.
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News
Sports Direct tycoon Ashley bails out of MySale
Sports Direct tycoon Mike Ashley has sold his stake in etailer MySale.