WHAT THE OTHER PAPERS SAY THIS MORNING September 11, 2011 FINANCIAL TIMES JPMORGAN CHIEF SAYS BANK RULES ‘ANTI-US’ New international bank capital rules are “anti-American” and the US should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, has said. In an interview with the Financial Times, Mr Dimon said he was supportive of forcing banks to [...]
Sports Direct says it will hit profit target September 7, 2011 SPORTS Direct, Britain’s biggest sporting goods retailer, said it would meet its year profit target even though it had to fork out a £2m success fee to golfer Darren Clarke for winning the Open Championship in July. Clarke wears the firm’s Dunlop brand. Sports Direct, controlled by Newcastle United owner Mike Ashley, said yesterday it [...]
Sports Direct profit slips from 2010 World Cup high September 7, 2011 Mike Ashley’s Sports Direct retailer saw profits slip nearly six per cent in the quarter to July 25 compared with a year ago, but still expects to meet its full year earnings target. Sports Direct said total sales rose 0.5 per cent to £410m while retail-only sales were up 0.8 per cent to £368m compared [...]
JUST THE TICKET August 29, 2011 Archery Venue: Royal Artillery Barracks Dates: Thursday 30 August – Wednesday 5 September 2012 Medal events: 9 Athletes: 140 (88 men, 52 women) Ticket prices: £5 to £10 Athletics Venues: Olympic Stadium (track and field events); The Mall (road events) Dates: Friday 31 August – Sunday 9 September 2012 Medal events: 170 Athletes: 1,100 (740 [...]
Blacks chairman steps down August 4, 2011 THE chairman of struggling outdoor goods retailer Blacks Leisure has quit a week after the firm’s largest investor, Sports Direct, voted against his reappointment at the annual shareholders’ meeting. Blacks Leisure, which runs the Blacks and Millets chains, said yesterday that David Bernstein (pictured), who is also chairman of England’s Football Association, had resigned as [...]
Blacks Leisure chairman resigns August 4, 2011 David Bernstein, the chairman of Blacks Leisure, has resigned a week after Sports Direct, the outdoor goods retailer’s largest investor, voted against his re-appointment at its annual shareholders’ meeting.
Sir Tom invests in Sports Direct August 2, 2011 Sir Tom Hunter forged closer ties with sports retailer Sports Direct yesterday with the purchase of more than £1m of its shares. Sir Tom, founder of private equity house West Coast Capital, bought 392,156 Sports Direct shares at £2.55 each. The purchase came just a month after he sold two clothing chains, USC and Cruise [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 1, 2011 FINANCIAL TIMES SUPER RICH TO GET NEW LONDON ADDRESS A leading European hedge fund is preparing to build one of London’s most expensive housing developments as global investors scramble to gain a foothold in the capital’s resurgent residential market. In a deal completed over the weekend, Orion Capital Managers acquired an acre of prime residential [...]
Wimbledon the smash hit for summer sport July 27, 2011 ARECENT YouGov SixthSense report on pub sports viewing revealed that 33 per cent of British adults watched sport in pubs. Large proportions of those watch football but what is the impact of summer sports, more traditionally watched in the home? The last month has seen three of the showcase sporting events of the British summer, [...]
With one year to go, businesses are galloping to get behind London 2012 July 26, 2011 IT’S got to be one of the most breath-taking sights of this summer. You know, the pictures of athletic horses jumping fences at Greenwich Park against a backdrop of the skyscraper-dominated Canary Wharf. It’s a stunning juxtaposition that also captures a critical aspect of the London Games. To see the capital’s thriving financial district providing [...]