Mike Ashley’s Sports Direct share price rises after raising profit outlook May 28, 2015 Sports Direct's share price shot up more than four per cent ahead after upping its profit forecast for its most recent financial year, ahead of its AGM today. The sportswear retailer's employees and major third party suppliers will gather to hear updates on the group's current and future performance, raised its profit and earnings outlook for [...]
From Thomas Cook to the Prosecco shortage: Here’s what got us talking this week May 22, 2015 There was a bomb. There was an earthquake. And there was, very nearly, a nation-wide rail strike. Here's what got us talking this week. 1. Panic stations over Prosecco and…er… eggs We don't know which is worse. Well of course we do. Still a global egg shortage is pretty alarming. But cards on the table, [...]
Bangalore: India’s most livable city and the fast-track to its vibrant tech-filled future May 17, 2015 If Old Delhi is the crumbling emblem of India’s imperial past and Mumbai is the pounding heart of its contemporary popular culture, Bengaluru (anglicised as Bangalore) and Chennai are the country’s fast track to the future. The former, and less often the latter, are nicknamed the Silicon Valley of India on account of their thriving [...]
Apple Watch review: It’s not perfect, but it’s still the best smartwatch out there May 14, 2015 The most hotly awaited device of the year bears all the hallmarks of the Cupertino company. Apple is the master of selling products that nobody knew they wanted. A phone with a computer in it? Yeah, you’re going to want that. A massive version of a phone that doesn’t make calls? Trust us. But a [...]
Mike Ashley wants Rangers to return £5m loan May 13, 2015 Mike Ashley wants his cash back. The Rangers shareholder has requested the club's board call an extraordinary meeting to pay back his £5m loan and explain why Rangers have been delisted from the Aim stock exchange. In a letter acquired by The Daily Record, Ashley has told the new Rangers board to hold a meeting [...]
Fantasy football: Can BT’s dreams of boosting growth come true? May 7, 2015 The telecom’s move into TV sports gained credibility from its £900m deal to broadcast the Champions League, but it is not without problems BT BOSS Gavin Patterson didn’t waste any time in making his presence felt at the top of the FTSE 100 company when he was appointed chief executive in 2013. Just two months [...]
Police raid Mike Ashley’s offices in probe of ex-Rangers owners May 6, 2015 SCOTTISH police have raided Mike Ashley’s Sports Direct top office as part of a two-year probe into two takeovers of Rangers football club. Mike Ashley owns an 8.6 per stake in Rangers, whose previous owners Craig Whyte and Charles Green are the subject of the investigation that led police to Sports Direct’s Derbyshire base. In [...]
How the 2015 General Election could affect the way sport is run May 6, 2015 As the General Election campaign and football season both draw to a climax it seems pertinent to look at how the beautiful game might be affected by a change in government. Of the proposals which could directly influence football, the most significant come from the Labour Party, which has outlined two areas in its [...]
Mike Ashley’s Sports Direct HQ raided by police investigating former Rangers owners May 6, 2015 Scottish police have raided Mike Ashley's Sports Direct headquarters as part of a two-year investigation into two takeovers of Rangers football club. Mike Ashley owns an 8.6 per stake in Rangers, whose previous owners Craig Whyte and Charles Green are the subject of the investigation that led police to Sports Direct's Derbyshire base. In a statement [...]
Sports Direct allegations leads to shopper snubs on the High Street – Brand Index May 5, 2015 With sales booming and a healthy share price reflecting their success, everything on the surface looks rosy for retail giant Sports Direct. However, a Channel 4 Dispatches programme aired last week made allegations of a far more salacious nature. Workers on controversial zero-hours contracts were said to be shamed over a tannoy system for a [...]