All Sports Direct articles
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News
Frasers rescues Missguided from administration as boss Murray shakes up leadership team
Frasers Group has bought collapsed online fashion operator Missguided out of administration for £20m.
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News
Mike Ashley’s Frasers Group takes $30m hit on sale of US businesses
Frasers Group has sold its two businesses in the US in a $70m (£55.7m) deal.
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Data
Data: The 15 most improved retailers for gender pay equality 2022
Retail Week ranks the top-performing and most improved retailers for gender pay equality this year.
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News
Ashley’s Frasers Group circles Footasylum
Tycoon Mike Ashley’s Frasers Group is thought to have tabled an offer for Footasylum, which JD Sports has been ordered to sell by the competition authorities.
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News
Frasers director leaves over conflict of interest concerns
One of Frasers Group’s non-executive directors is to leave after just a few months in the post.
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Gallery
In pictures: Amazon, Lego and Ikea – the top 10 store openings of 2021
Retail Week speaks to a panel of industry experts to determine which executives will be in charge of the UK’s biggest retailers in the next five years.
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Analysis
Analysis: The four ways Frasers has turbocharged growth during the pandemic
In its latest set of interim results, both Frasers’ profits and sales outshine those recorded in the pre-pandemic era. Retail Week examines how Frasers has prospered in a difficult trading period.
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News
Frasers profits soar but group warns of Covid and supply chain headwinds
Frasers Group has reported strong revenue rises across its portfolio, but remains “cautious” of the impacts of macroeconomic factors such as a potential lockdown over Christmas.
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Video
Watch: John Lewis, M&S, Boots and Sports Direct launch Christmas adverts
As this year’s eagerly-anticipated festive season approaches, Retail Week takes a look at the Christmas campaigns of John Lewis, Marks & Spencer, Boots and Sports Direct.
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News
Incoming Frasers boss Murray in line for potential £100m bonus
Incoming Frasers chief executive Michael Murray could pocket up to £100m in bonuses if he more than doubles the group’s share price.
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Analysis
Michael Murray: The man Mike Ashley is entrusting with the future of Frasers
Who is the man Sports Direct founder Mike Ashley has appointed as his successor and can he turn around the retailer’s fortunes?
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News
Mike Ashley to step down as Frasers boss as profits tumble
Retail tycoon Mike Ashley has confirmed his intention to pass the mantle of chief executive to Michael Murray in the next financial year.
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Opinion
‘Mike Ashley’s new era at Frasers needs a new generation of leaders’
“He’s the next generation,” Mike Ashley claimed, throwing up his left arm and pointing to the young man sitting beside him.
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News
Mike Ashley mulls stepping down from helm of Frasers Group
Mike Ashley is understood to be considering handing over the reins as chief executive of Group to his future son-in-law and the retailer’s head of elevation Michael Murray.
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News
Exclusive: House of Fraser staff faced with zero-hours contracts ultimatum
Department store chain House of Fraser is understood to have put staff into consultation over a switch to zero-hours contracts in a decision that could potentially affect thousands of roles.
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Gallery
Store gallery: Sports Direct hails ‘new era’ with £10m Oxford Street revamp
Sports Direct has lifted the lid on its newest store concept on London’s Oxford Street as it accelerates its “elevation” strategy.
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Prospect Analysis
Sports Direct (Overview)
British retail group Sports Direct International was established in 1982 by retailing tycoon Mike Ashley. The group was rebranded to Frasers Group in 2019, following the acquisition of the House of Fraser department store business the previous year, but Sports Direct remains the name of the eponymous sports goods business.Sports ...
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Prospect Analysis
Sports Direct (Strategy)
The rebrand from Sports Direct International to Frasers Group was about reflecting the retailer’s “changing profile” and “elevation strategy”. At the time, head of elevation Michael Murray outlined a plan to transform Sports Direct from a discount sportswear chain into an upmarket one that offered shoppers an experience.
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Prospect Analysis
Sports Direct (Financials)
Financial overview UK sports retail – which includes all of the group’s sports retail operations in the UK and Northern Ireland and online trading, as well as the USC fascia from 2017 onwards – provides the lion’s share of Frasers Group revenue, accounting for around 55% in the 2020 financial ...
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Prospect Analysis
Sports Direct (People)
In June 2022, it was announced that Ger Wright would join Frasers Group as managing director of sports, having worked for Nike for 16 years.