Mike Ashley’s empire tightens grip on Boohoo as crunch vote nears November 15, 2024 Mike Ashley’s Frasers Group has continued to up its stake in Boohoo as a war of words over the future of the fast-fashion giant rumbles on. The owner of the likes of Sports Direct and House of Fraser now has a 28 per cent stake in the Manchester-headquartered group, which itself features brands such as [...]
Retailers warn of ‘inevitable’ job losses and price rises after budget tax hikes November 13, 2024 Retail bosses warned that they will be forced to hike prices and cut jobs due to the government’s tax hikes, as the sector braces for a substantial increase in employment costs. In a draft letter to the Chancellor, coordinated by the British Retail Consortium (BRC), retail bosses warned that job losses were “inevitable” and higher [...]
Porsche Panamera GTS 2024 review: A sports car for all the family November 11, 2024 Stonking V8 engines without electrical assistance have suddenly become an endangered species. Not long ago, all of Germany’s super saloons followed this recipe; now the BMW M5 has become a plug-in hybrid, while the Mercedes-AMG E63 has thundered off into the sunset, replaced by the E53 and its hybridised straight-six. Aside from the (largely forgotten) [...]
What happened at the poshest event in Monaco November 11, 2024 Arriving in Monaco, a magnet for the rich and glamorous and the second smallest country in the world, I was struck by the tones of the buildings: an enticing blur of apricot, peach and sand. Famed for fast cars due to international races like Monaco Grand Prix and Monaco ePrix, it is a country of [...]
Hands off our underpants: F1 drivers slam meddling motorsport chief November 7, 2024 Formula 1 drivers have accused Mohammed Ben Sulayem, president of motorsport governing body the FIA, of failing to provide financial transparency. In a wide-ranging open letter, the Grand Prix Drivers’ Association hit out at the FIA’s policy of fining drivers for minor indiscretions, such as swearing, wearing jewellery and choosing non-fireproof underwear. The GPDA also [...]
Jersey RFC: The club resetting how rugby can be done November 7, 2024 This Saturday, while England take on Australia in the Autumn Nations Series, Jersey RFC will be hosting London Welsh in a top-of-the-table clash in Regional 1 South Central, the fifth tier of English rugby. A decade or so ago this could have been a Premiership fixture, but rugby finances in south London and in the [...]
Mike Ashley’s Frasers Group warns Boohoo over break-up plans November 6, 2024 Mike Ashley’s Frasers Group has handed Boohoo a list of demands after its campaign to install the retail tycoon as the new CEO of the fast-fashion giant failed last week. The owner of Sports Direct and House of Fraser had sought to get Mike Ashley installed as the new chief executive of Manchester-headquartered Boohoo, in [...]
Cricket, rugby and football stars invest in health start-up November 4, 2024 England rugby international Courtney Lawes and Arsenal footballer Ben White are also among the 60 professional sportspeople invested in The Players Fund.
Boohoo calls in Debenhams chief in snub to Mike Ashley November 1, 2024 Boohoo has appointed a former JD Sports executive as its new boss today in what will be seen as a snub to Sports Direct tycoon Mike Ashley. In a statement to the market, the troubled fast-fashion firm said Dan Finley, who currently runs its Debenhams division and previously spent a decade at JD Sports, would [...]
Selfridges sinks further into the red as sales at luxury department store falter October 31, 2024 Luxury department store chain Selfridges has lost more than £400m since it last made a pre-tax profit, it has been revealed. The business, which has UK stores in London, Birmingham and two in Manchester, passed the milestone after falling to a £41.9m loss in the year to 3 February, 2024. It comes after Selfridges previously [...]