New Year weight loss holidays: These getaways prove the January detox doesn’t always have to be depressing January 4, 2015 Forget crash diets and spin-classes. From running in Tallinn to blissing out in Sri Lanka, this is how to work off that festive flubber in style. Overindulged this Christmas? Did making merry take its toll on your belly? These travel tips combine the nations’ favourite January past times, detoxing and booking holidays, so you can [...]
Somers survives protest vote as Rangers announce share placing December 22, 2014 RANGERS chairman David Somers survived a major protest vote from investors yesterday, as the club’s board announced it would launch a new share issue to raise much-needed funds. At the beleaguered Scottish football team’s annual general meeting yesterday only 61 per cent of shareholders voted for David Somers’ reappointment, illustrating investor frustration with the board [...]
Christmas comes early in the Singleton house: Sports Direct non-executive director gives wife £244,300 in shares December 22, 2014 A non-executive director at Sports Direct has given £244,300 worth of company shares to his wife “by way of gift”. In a company announcement made earlier today, the British retailing group revealed that David Singleton gave 35,000 of the shares to Elizabeth Singleton. The shares, each worth 698 pence, were held beneficially by him. [...]
Christmas week to kick off with crunch Rangers FC meeting – London week ahead December 21, 2014 WITHOUT any major company results reporting before Christmas, market attention could turn to the annual meeting of the crisis-hit Rangers International Football Club, part-owned by Sports Direct boss Mike Ashley. The team’s manager, legendary goal-scorer Ally McCoist, officially stood down last night. The Aim-listed company will vote on whether to inject £8m in funding to [...]
Sport Comment: Mike Ashley taking the biscuit in rations row December 18, 2014 MIKE Ashley may not – on the face of it – have much in common with Marie Antoinette, but he is similarly distanced from the reality of the eating habits of the common people. The Newcastle United owner and vastly wealthy Sports Direct founder has allowed his spiky relationship with the media at St James’ [...]
People’s Postcode Lottery: A gamble where everybody wins December 18, 2014 Players of People’s Postcode Lottery have raised over £56m for charity and they aim to raise even more next year. Fancy your luck this Christmas? Well, deciding to play People’s Postcode Lottery (PPL) isn’t a gamble at all when you know that the money you pay is being used to support some of the UK’s [...]
MySale share price rallies as founder Carl Jackson eyes £3m share-buy December 17, 2014 MySale shares recovered some lost ground yesterday after one of the founders of the flash sales website pledged to buy £3m shares following a profit warning which wiped £150m off its market value. Chief executive Carl Jackson, who started the company with his brother James, said he was considering acquiring shares equivalent to around three [...]
Christmas 2014: Amazon delivering until December 24, while Marks & Spencer, House of Fraser and Asos face capacity problems December 16, 2014 Worried you've left it too late to order Christmas presents online? You need to get your skates on if you want to avoid paying for special delivery, but some retailers are offering premium services up to the last minute. A new survey of retailers has found a number of businesses that promise to deliver [...]
Best of the Brokers for 16 December 2014 December 15, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com SPORTS DIRECT Numis reiterated its “buy” rating following “robust” first-half results, with sports retail sales’ growth of 1.5 per cent during the second quarter. The broker noted that Sports Direct’s portfolio was set to grow to include between 30 to 40 new stores [...]
Scottish FA summon Ashley over Newcastle and Rangers holdings December 15, 2014 NEWCASTLE United owner Mike Ashley has been accused of breaking Scottish Football Association rules preventing influence over more than one club in relation to his shareholding in Rangers. The Scottish FA has also accused Sports Direct tycoon Ashley, who has an estimated personal fortune of around £4bn, of not acting in the best interests of [...]