
In a short statement on Monday, French Connection confirmed what had been rumoured for some time with the company saying that it’s looking at its strategy options and one of those could include a sale.
551 published items with the word (s) or phrase Sports Direct in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
In a short statement on Monday, French Connection confirmed what had been rumoured for some time with the company saying that it’s looking at its strategy options and one of those could include a sale.
Sports Direct is busy on multiple fronts at the moment with the retailer grappling with its House of Fraser buy as well as adding new technology into a large number of its existing stores.
As stock exchange statements go it was certainly short, but definitely not sweet. Late on Monday, Sports Direct announced a senior House of Fraser management clearout but gave no details.
HoF's new owner Sports Direct is continuing to blame “greedy landlords” after it said three of the chain’s 59 department stores will definitely close. They include Hull and Swindon, plus Frasers in Edinburgh.
Sports Direct said on Monday that any suggestion that it wants to block the potential sale of Debenhams' Magasin du Nord was “irresponsible and incorrect” as it denied claims that it wants the chain to collapse.
The Swedish owner of Coast, Aurora Fashions, is again in talks about a potential sale of the womenswear brand after being impacted by House of Fraser’s collapse.
Mike Ashley, the founder and majority owner of sportswear retailer Sports Direct , said he had been "stabbed in the back" by shareholders, warning that future engagement with them would be "extremely challenging".
Sports Direct, the new owner of House of Fraser, has said it will not refund customers for undelivered goods or gift cards, and that they should take their claim to administrator EY instead.
Shares in Debenhams rose as much as 9 percent on Wednesday after an outgoing director of Sports Direct said the sportswear firm's board had discussed combining the department store group with House of Fraser.
A merger between Sports Direct's House of Fraser and rival Debenhams, in which the retailer owns almost a 30% stake, has been discussed by the Sports Direct board, but the firm said it has no plans to bid for the chain.