Women’s golf, prize money and the fight for equal pay: Is the sport heading in the right direction? March 16, 2023 As women’s world No1, Lydia Ko is accustomed to breaking new ground and last month was no exception. At Royal Greens Golf and Country Club in King Abdullah Economic City, the New Zealander became the first Aramco Saudi Ladies International champion to receive equal prize money to the winner of the equivalent men’s tournament, Abraham [...]
Coronavirus: Sports Direct-ly to a negative reaction April 15, 2020 Sports Direct recently attempted to keep its stores open despite the Government’s COVID-19 lockdown – arguing that, with gyms closed and Brits stuck indoors, exercise equipment counts as an essential service. YouGov polling reveals that the public overwhelmingly disagrees. Some 95% of Brits believe that sports equipment stores are not key services, and just 3% [...]
Sports Direct owner Mike Ashley warns of closures after business rates review delay July 22, 2020 Mike Ashley’s Frasers Group, formerly known as Sports Direct, has warned it could be forced to close stores after the government delayed a business rates review. The government has promised a “fundamental review” into the long-term future of business rates. In March it gave retail, hospitality and leisure businesses a year-long holiday from the tax [...]
Matches racked up debts of over £200m as Mike Ashley’s Frasers Group failed to turnaround luxury fashion brand April 24, 2024 Fashion brand Matches owed more than £200m as it was put into administration by Mike Ashley's Frasers Group , it has been revealed.
Mike Ashley’s Frasers in talks to offload Missguided to Chinese fast fashion giant Shein September 18, 2023 Mike Ashley’s Frasers Group is reportedly in talks to offload its online clothing brand Missguided to Chinese fast fashion giant Shein. Frasers, which owns the high street favourites such as Sports Direct and Jack Wills, bought Missguided for £20m last year after it collapsed into administration. As part of the rescue deal, the Manchester business kept [...]
Frasers boss Mike Ashley drops £50m lawsuit against Morgan Stanley May 3, 2024 Mike Ashley has dropped his £50m lawsuit against US bank Morgan Stanley, after nearly three month since the trial concluded
Frasers: Mike Ashley’s high street giant that has confounded its critics May 12, 2024 Frasers Group has managed to buck a general decline in the UK retail sector, thanks largely to a string of savvy acquisitions. What does the future hold for the Mike Ashley-owned group?
Mike Ashely’s Frasers Group raises stake in Boohoo to 22 per cent January 18, 2024 Mike Ashely’s Frasers Group has upped its stake in Boohoo again, taking it from 17 per cent to over 22 per cent. Shares in the fast fashion firm leaped over three per cent this morning as investors responded positively to the news. Frasers, formerly called Sports Direct, said over the summer its purchase of Boohoo [...]
Sports Direct hikes prices after store closures amid coronavirus crisis March 24, 2020 Mike Ashley’s Sports Direct has reportedly hiked the price of some sports equipment by as much as 50 per cent amid the coronavirus crisis. The retailer has increased the price of exercise equipment such as skipping ropes and weights, according to documents seen by the Press Association. It comes on the same day Sports Direct [...]
UK coronavirus lockdown: Sports Direct asks if staff count as key workers March 24, 2020 Mike Ashley’s Sports Direct and Evans Cycles stores will now remain closed unless the government gives them permission to stay open during the UK coronavirus lockdown. Bosses earlier claimed the stores are vital to the health of the nation, giving staff so-called key worker status. Under new measures announced by Prime Minister Boris Johnson last [...]