Mike Ashley likes a flutter in both his private and professional life, which has frequently worked in his favour. But Sports Direct’s profits took a £85.4m hit on its near-30% Debenhams stake over the year. We discuss whether it’s time for Ashley to quit gambling.
Sports Direct chief Mike Ashley has accused House of Fraser’s former bosses of “totally” misleading suppliers and the retailer’s warehouse operator.
After Sports Direct delayed its full-year results for up to a month, the team discuss the challenges facing Mike Ashley’s empire and the implications for the wider high street.
This week Ikea unveils its new Greenwich, London, branch, which it describes as its “most sustainable store”.
Discounting made no discernible impact on trading and footfall over Christmas, says Springboard marketing and insights director Diane Wehrle.