London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Mike Ashley’s Sports Direct lines up Game takeover June 5, 2019 Mike Ashley is set to lodge a bid for Game Digital, as the retail tycoon’s spending spree shows little sign of slowing down. Sports Direct, which already owned a 20 per cent holding in Game, has launched a takeover offer for the gaming firm after upping its stake in the group to roughly 38 per [...]
Findel posts surge in full-year profit as it unveils name change June 5, 2019 Home shopping company Findel has posted a sharp rise in profit and unveiled a new brand name, just weeks after it fended off a takeover bid from major shareholder Sports Direct. Pre-tax profit jumped 33 per cent to £29.4m in the year to the end of March, while revenue rose 5.7 per cent to £506.8m. [...]
Crackdown on junk food adverts ‘will damage’ broadcasters and advertisers June 3, 2019 The government’s plan to crack down on junk food TV advertising is an “irrelevant symbolic gesture” that will damage business for broadcasters and advertisers, a damning new report has warned. Media research firm Enders Analysis said plans to ban TV adverts for unhealthy food will not tackle the issue of childhood obesity and will cause [...]
Investors given second chance to buy a piece of Star Wars May 30, 2019 By Rodney Hobson from interactive investor. This iconic brand has rewarded shareholders handsomely, and could do again, argues our overseas expert. Investors could be forgiven for thinking they had missed their chance to buy into The Walt Disney (NYSE:DIS) when the shares shot up 10% one April day, and then went on to set new [...]
Cricket Betting Tips: Steyn’s absence can see England start tournament in winning fashion May 29, 2019 IT IS often the case that the first match of a major sporting event turns into a bit of a damp squib. In tournaments like the football World Cup, it is rare that we get to see two leading nations take each other on early in the competition. However, fans are in for a real [...]
WH Smith is the UK’s worst high street store, say shoppers May 29, 2019 WH Smith is the worst of all UK high street stores, according to a survey of British shoppers published today. Read more: Ranked: The top 15 retailers to work for The stationery provider got the worst rating of 100 retailers, with just 50 per cent of customers expressing satisfaction based on factors such as quality of [...]
Sports Direct HQ sold to Malaysian pension fund for £120m May 28, 2019 Mike Ashley’s Sports Direct has confirmed the freehold sale of its headquarters to a Malaysian pension fund. The sportswear retailer, which will continue to occupy the building on a 15-year lease, said this morning that it has sold its logistics centre to Kwasa Logix Sportivo for more than £120m in cash. Read more: Debenhams versus [...]
Football’s most lucrative match stagnates in value amid Premier League rights growth slowdown May 22, 2019 The Championship play-off final, which takes place on Monday at Wembley and pits Aston Villa against Derby County for the last remaining spot in next season’s Premier League, is well established as the most lucrative one-off match in the world of club football. Worth an estimated minimum of £170m to the victors – 10 times [...]
“We’re not just competing against other sports”: The Hundred’s managing director explains why English cricket needs a new format May 21, 2019 The staggered launch of the England and Wales Cricket Board’s great new hope hasn’t gone exactly to plan. Although it was always unlikely to begin in textbook fashion, The Hundred has so far experienced the full repertoire of problems on the runway, leaving the majority of its passengers apprehensive ahead of take-off. After all, the [...]
Profit falls steeply at Halfords in face of ‘fragile’ consumer confidence May 21, 2019 Halfords said profit before tax fell 24 per cent in 2019 to £51m. The figures The company said revenue remained broadly flat on £1.138bn, but profit fell sharply. It said underlying profit before tax fell 17.9 per cent to £58.8m, with underlying basic earnings per share down 17.2 per cent on 24.5p. Read more: Halfords share [...]