All Sports Direct articles – Page 10
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NewsAshley considers legal challenge over Debenhams rescue plan
Sports Direct owner Mike Ashley is examining the possibility of launching legal action against Debenhams, after its controversial company voluntary arrangement was approved earlier this month.
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NewsRetailers slip down The Sunday Times Rich List
A number of retailers, including Sir Philip Green, have tumbled down this year’s The Sunday Times Rich List as turbulent conditions on the high street take a toll on personal fortunes.
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VideoCan 'pile ’em high' Mike Ashley become the new king of luxury?
As Mike Ashley unveils plans to launch luxury HoF spin-off Frasers, the team discuss whether the Lonsdale tycoon can become the king of luxury.
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AnalysisAnalysis: Is Mike Ashley remodelling the economics of the high street?
Sports Direct tycoon Mike Ashley is one of the retail industry’s great disruptors, but are his hardball tactics for renegotiating rents at his many chains remodelling the economics of high street retail?
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NewsSports Direct probed by financial regulators
Regulators are probing Sports Direct over its latest financial accounts and compliance with rules on inside information.
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AnalysisIn numbers: How Mike Ashley took over the high street
The number of retailers that Sports Direct founder Mike Ashley has acquired or invested in has surged 52.5% since 2015.
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NewsDebenhams sale process lambasted by Sports Direct’s Ashley
Sports Direct tycoon Mike Ashley has complained that the administrators of Debenhams are not conducting a “genuine” sale process.
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NewsSports Direct to axe 300 jobs as it shutters Wigan warehouse
Sports Direct is set to close its warehouse in Wigan, Greater Manchester in June, with up to 300 roles to be cut as a result.
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NewsLord Rose criticises Mike Ashley for high street ‘oligopoly’ plans
Former Marks & Spencer boss Lord Stuart Rose has lambasted Mike Ashley over his plans to create a UK retail high street “oligopoly”, and said the sector is still too focused on bricks and mortar.
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NewsSports Direct lawyers clash with Debenhams administrators
Lawyers for tycoon Mike Ashley’s Sports Direct have written to the administrators of Debenhams alleging a conflict of interest.
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NewsAshley labels Debenhams administration ‘national scandal'
Sports Direct founder and Debenhams’ largest shareholder Mike Ashley has vowed to “save as many Debenhams stores and jobs as I can” in an explosive stock exchange announcement.
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AnalysisAnalysis: What next for Debenhams?
Debenhams’ lenders took control of the department store business today through a pre-pack administration, and a sale is now likely to be pursued.
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OpinionDebenhams needs renewed purpose post-administration
The redundancy of Debenhams’ once-vaunted claim to be ‘Britain’s favourite department store’ was sadly laid bare as it fell into a pre-pack administration today.
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NewsDebenhams put up for sale following administration
Debenhams has been put up for sale after lenders took control of the department store group through a pre-pack administration.
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CartoonRetail cartoon: Debenhams faces Mike's lie detector
Patrick Blower’s take on Mike Ashley demanding members of Debenhams’ board take a lie detector test, as he tries to take control of the department store group.
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NewsDebenhams' lenders poised to take control as Sports Direct spurned
Debenhams’ lenders are expected to take control of the department store group after conditions for further funding were not met and no deal was struck with potential buyer Sports Direct.
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NewsPre-pack looms as Debenhams shuns Ashley
Debenhams has rejected Sports Direct’s offer to underwrite a £150m equity issue, bringing the department store business one step to closer to pre-pack administration.
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NewsAshley offers to underwrite Debenhams equity issue
Sports Direct boss Mike Ashley proposed to underwrite a £150m equity raise for existing Debenhams shareholders but has also called for members of the department store group’s board to take a lie detector test.
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NewsSports Direct urges Debenhams shareholders to revolt
Sports Direct has piled further pressure on Debenhams by urging its shareholders to revolt against a £200m funding lifeline.
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NewsDebenhams to Ashley: Back us or it's an administration
If Debenhams cannot strike an agreement with top shareholder Mike Ashley, a pre-pack administration is likely.