What happens now that the Paris 2024 show is over? September 12, 2024 The Paris 2024 show’s over. What next? The small subset of Olympians in sports with lucrative circuits have already returned to action: US Open tennis, club and international football, golf’s Tour Championship, La Vuelta cycling and Diamond League athletics to the fore. The significance of the Games for these athletes will differ from sport to [...]
Mike Ashley works his magic at Hornby as sales jump September 11, 2024 The impact of Mike Ashley advising Hornby, the international models and collectibles group, has been revealed. The retail tycoon. whose Frasers Group significantly upped its stake in the Kent-headquartered listed company in February, took up a consultancy role in March. Hornby, in a trading update to the London Stock Exchange, has revealed that its sales [...]
House of Fraser: Profit doubles at Mike Ashley’s department store chain amid store closures September 10, 2024 House of Fraser more than doubled its pre-tax profit despite a fall in revenue after closing stores across the country, it has been revealed. The performance of the department store chain, which is owned by Mike Ashley’s Frasers Group, has been outlined in accounts filed with Companies House more than seven months after the deadline. [...]
NFL: Chiefs three-peat, private equity and Louis Rees-Zammit September 5, 2024 The NFL returns this weekend as the American football season gets ready to dominate our London late evenings. With just 157 days until Super Bowl LIX – this season held at Caesars Superdome, New Orleans, Louisiana – all eyes will be on the Kansas City Chiefs as the look to win another title, while the [...]
Caterham Cars bosses voice ‘disappointment’ at fourth loss in a row September 4, 2024 Bosses at car maker Caterham have voiced their ‘disappointment’ in falling to a loss for the fourth year in a row. The Kent-headquartered manufacturer of lightweight sports cars has reported a pre-tax loss of £2.3m for the year to 31 March, 2024, having also made a loss of £2.7m in the prior 12 months. The [...]
Mike Ashley’s Frasers Group ups stake in Boohoo after shares slump September 2, 2024 Mike Ashley’s retail empire Frasers Group has further increased its stake in fast fashion giant, Boohoo. The Mansfield-headquartered group now holds 26.1 per cent of the shares in Boohoo, up from 25 per cent, according to a newly-filed document with the London Stock Exchange. Frasers Group, which owns the likes of Sports Direct and House [...]
A controlled revolution: NFL approves private equity stakes in teams August 29, 2024 The NFL continues to set the standard in terms of on-field interest and commercial growth in the US and beyond.
Cricket needs more like Flintoff so smaller nations must get financial support August 29, 2024 Andrew Flintoff’s Field of Dreams On Tour, the decline of Test cricket and whether a mooted hardship fund distributed by the ICC might just keep the red-ball game alive. You know when a broadcaster thinks it has a hit on its hands because it releases a series one episode at a time rather than in [...]
How Neil Fachie found Paralympic glory after ditching running track for velodrome August 26, 2024 Since he first jumped on a mountain bike in the north-east of Scotland, cycling has been Paralympic champion Neil Fachie’s one-way ticket to freedom. That Fachie is now the owner of two Paralympic gold medals and 19 world titles doesn’t do justice to a complex sporting journey that was never guaranteed to bend in a [...]
FTSE 100 reshuffle: Burberry and Easyjet set to be downgraded August 23, 2024 FTSE 100 constituents Burberry and Easyjet are expected to be eliminated from London’s main market next month during a reshuffle. The main market’s quarterly rebalance is due on 20 September, with the review being based on prices at close on 3 September. Easyjet managed to claw back into the FTSE 100 in March, but the [...]