Sports Direct

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Traders work on the floor of the NYSE  Friday. Photograph: Epa/Justin Lane

European stocks failed to stage a recovery on Friday, posting their worst week since a market correction last February as a new sell-off hit bourses a(...)

The current row comes three weeks after Mike Ashley’s sportswear group snapped up the department store chain House of Fraser for £90 million. File photograph: Joe Giddens/PA Wire

Mike Ashley faces a potential shareholder revolt at Sports Direct’s annual meeting on Wednesday amid claims of his “continued failures” as chief execu(...)

House of Fraser in Dundrum, Dublin, is trading as normal in the interim

Mike Ashley’s Sports Direct is unlikely to get the green light to go ahead with its proposed acquisition of House of Fraser in Dundrum, Dublin, until (...)

Temporary employment contracts accounted for 80 per cent of contingent workers and have not shown any significant signs of increasing in recent years, the ESRI report found.

The scale of the so-called gig economy isn’t as significant as some reports suggest, according to a new study by the Economic and Social Research Inst(...)

 The beleaguered retailer has apologised to customers after cancelling all orders placed online. Photograph: Dominic Lipinski/PA Wire

House of Fraser’s financial position “deteriorated significantly” in the year before the British retail chain went into administration and was bought (...)

With sales of £3.4 billion, Sports Direct is king of its castle in sports retailing in Britain.

The hard-headed billionaire, Sports Direct retailer Mike Ashley, has for years been a pantomime villain of Britain’s financial press. But over the la(...)

Australian home-improvement company Wesfarmers purchased the Homebase chain for £340m in 2016, but the business lost more than £600m over two years. Photograph: Getty Images

Homebase plans to close three of its 11 Irish stores as part of a wider plan to close 42 of its 241 stores in Britain and Ireland. It also plans to (...)

“Our aim is to keep at least 80 per cent of the stores open,” Liam Rowley, Sports Direct’s head of strategic investments, told Bloomberg in an interview.

Sports Direct International Plc says it will continue to operate most of House of Fraser’s 59 department stores in the UK and Ireland after acquiring (...)

A €79m Chinese deal to save House of Fraser fell through this week. Photograph: PA Wire

For retail entrepreneur Mike Ashley, British department store chains are like the buses outside their Oxford Street flagships. You wait for ages, and (...)

Sports Direct made underlying earnings of £306.1 million in the year to April 29th. Photograph: Nick Ansell/PA Wire

British retailer Sports Direct on Thursday reported a 12 per cent increase in full-year core earnings, helped by its strategy to smarten up its stores(...)

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