All Sports, leisure & outdoors articles – Page 88
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NewsWiggle to appoint UBS ahead of potential float
Bikes etailer Wiggle is on the verge of appointing investment bank UBS to manage a potential flotation, it is understood.
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NewsSports Direct profits jump 13.3% as sales grow
Sports Direct retail gross profit advanced 13.3% to £119m as sales thrive.
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NewsWiggle removes 'misleading' promotion
Bikes etailer Wiggle has stopped using an online promotion after the Advertising Standards Agency (ASA) ruled its ‘15% off’ deal was misleading.
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NewsWiggle attracts private equity interest as it gears up for sale or float
Bikes etailer Wiggle has attracted several private equity firms and trade buyers as the retailer mulls a sale or float.
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NewsRetail sales fall at Halfords
A second quarter like-for-like sales fall at car parts and bikes specialist Halfords’ retail division was counterbalanced by a strong showing from the Autocentres service business.
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NewsWiggle pedals towards sale or float
Wiggle held a beauty parade last week as six investment banks pitched to advise its potential float, as the bikes etailer also mulls a sale to private equity.
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NewsInternational growth crucial for ActivInstinct
Online sportswear retailer ActivInstinct is to push international growth as it aims for overseas sales to overtake domestic revenue within 18 months.
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NewsLloyds extends American Golf sale deadline
Lloyds Development Capital (LDC) is understood to have extended the timeframe for the sale of American Golf as interest from an unknown American trade buyer emerges.
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OpinionKingfisher turns the page
The collapses of furniture retailers such as Floors2Go in the last month served to show that the furniture and home sectors are in a run-down state – a verdict reinforced by the BRC retail sales data this week.
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NewsDirectors incentivised to turn round JJB’s fortunes
JJB directors are to be incentivised with a reward scheme that would result in them winning as much as £73.5m in shares if they succeed in turning around the fortunes of the sports retailer.
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NewsSports Direct shareholders vote in favour of controversial Ashley property deal
Sports Direct shareholders have voted in favour of a controversial deal which will see founder, and majority shareholder, Mike Ashley receive £86.8m from the company for 32 properties which he owns.
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NewsSports Direct conducts strategic review for new lifestyle division
Sports Direct is carrying out a strategic review of its new acquisitions, USC and Cruise, and will unveil its plans for its newly established premium lifestyle division in December.
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NewsJJB directors to be rewarded on turnaround success
JJB directors are to be incentivised with a reward scheme if they succeed in turning around the fortunes of the ailing sports retailer.
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NewsPIRC advises Sports Direct shareholders to block Mike Ashley deal
Sports Direct shareholders have been urged to oppose an £86.6m property acquisition from founder Mike Ashley by shareholder representative group PIRC.
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GalleryVans Spitalfields, London
Blink and it’s gone and as you read this, the removal men will only be a couple of weeks away from descending on Spitalfields to empty the Vans pop-up store that has been trading on Brushfield Street since August 12.
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NewsJD Sports hires property advisor to drive expansion in France
Fashion group JD Sports has hired property advisers to guide on expansion in France.
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NewsSports retailers’ reputations intact despite ‘looter effect’
Sports retailers, including JD Sports, will not be damaged by their association with ‘looter fashion’, Oriel analysts are confident.
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AnalysisClearing up and moving on
A week after the shocking riots, retailers reflect on events that put their stores and staff on the front line
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NewsRetail bearing up but grocery volumes weak
Although retailers bore the brunt of last week’s riots, the sector kept its head above water despite lagging the All-share index.
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GalleryQuiksilver, Fistral Beach, Newquay
Fistral Beach in Newquay is, for many, surf central UK, or at least that’s where you may go if you want to imagine yourself a bronzed god (or goddess), effortlessly riding the waves coming in from the Atlantic.