Sports Direct is to hand its staff a payout worth more than £50,000 this summer after the sportswear giant met its profit targets under a lucrative share scheme.
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Thursday 10 December 2009
Retailers were in focus last night, with Debenhams gaining ground as analysts looked ahead to the key Christmas trading period.
Wednesday 09 December 2009
JD Sports Fashion today sold its entire 9.9 per cent stake in rival JJB Sports for £16.3m.
Wednesday 25 November 2009
Keith Hellawell, the former government drugs tsar who resigned over the declassification of cannabis, has been appointed non-executive chairman of Sports Direct, ending the sportswear group's two-and-a-half-year search for a new boss.
Wednesday 28 October 2009
The spat between Sports Direct and Newcastle United owner Mike Ashley and Kaupthing Singer and Friedlander's administrators reached a new level yesterday as the two parties traded yet another round of claims over disputed shares.
Tuesday 20 October 2009
Sunday 11 October 2009
Saturday 10 October 2009
Sports retailer JJB Sports yesterday postponed a £100m rights issue after a City regulator intervened to delay the deal that was due to be announced yesterday morning.
Friday 09 October 2009
JJB Sports will today unveil a £100m cash call aimed at securing the ailing sportswear retailer's future.
Friday 25 September 2009
JJB Sports has admitted that its stores will not be fully stocked in the run-up to Christmas as losses at the struggling chain soared.
Monday 21 September 2009
Today: Oil & gas assurance and quality control company Velosi is expected to announce an impressive set of first-half results this morning, showing that trading was better than expected. Last year's pre-tax profits increase of 30 per cent will most probably be replicated.
Thursday 10 September 2009
Two major sportswear chains were at the centre of a fraud investigation today.
Friday 17 July 2009
Monday 13 July 2009
Retail sector investors will be keen to hear how the top end of the market is faring when Burberry posts a first quarter update this Wednesday.
Monday 08 June 2009
JD Sports Fashion has revealed another strong performance after sales growth accelerated in the eight weeks to the end of last month.
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