Bill Foley agrees deal for AFC Bournemouth to gain sister club Down Under October 11, 2023 Less than a year after buying Bournemouth, Foley is adding an A League team to his multi-club network.
Das Rheingold at the Royal Opera House is enthralling October 9, 2023 As the first opera in Richard Wagner’s Ring Cycle, new productions of Das Rheingold attract intense scrutiny. Establishing the visual language for one production is hard enough, but setting the tone for three more operas is no mean feat. Director Barrie Kosky knows this, because this production marks his second stab at directing the epic [...]
Michael Murray insists he is running Frasers, not Mike Ashley October 8, 2023 The boss of Frasers Group Michael Murray has insisted he is the one making decisions at the retail firm, not his father-in-law Mike Ashley.
Why Aruba lives up to its nickname of ‘One Happy Island’ October 3, 2023 There are many places across the world where Brits aren’t truly welcome. Sure, our incessant politeness and love of queuing endears us to strangers, but we also like to drink, and we speak loudly and exclusively in our mother tongue. Amsterdam recently launched a “stay away” campaign specifically targeted at young British tourists in an [...]
FTSE 100 close: London markets rise while pound rebounds after GDP revision September 29, 2023 London markets closed the week with a spring in their step as revisions to UK GDP figures were enough to send equities higher while the pound also strengthened.
Ed Warner: Is Saudi’s goal of using sport to boost GDP by 1.5 per cent achievable? September 28, 2023 John Maynard Keynes argued for government spending – any spending – to stimulate economies in recession, even paying people to dig holes and then fill them up again, given the multiplier effect when they spend their wages. Saudi Arabia may not be facing such an economic challenge, but the sports investments pursued by its Crown [...]
‘BitBoy’ reveals he’s cheating on wife while livestreaming his own arrest September 26, 2023 Crypto 'influencer' Ben Armstrong - formerly known as 'BitBoy' - livestreamed his arrest this morning, and exposed himself as a love cheat.
Mike Ashley’s Frasers Group drags Morgan Stanley boss to court seeking £50m in damages September 22, 2023 Mike Ashley’s Frasers Group has dragged the chief executive of Morgan Stanley into a UK legal battle over a $1bn (£814m) margin call regarding Hugo Boss trade. In a New York court filing lodged earlier this week, seen by The Telegraph, the retail group asked the court to make James Gorden hand over documents and [...]
Missguided sale marks a pivot in Frasers’ strategy – but a Shein deal has risks attached September 18, 2023 News that Frasers could sell Missguided to Shein potentially marks a change in strategy for the Sports Direct owner, which has been highly acquisitive in recent years.
Mike Ashley’s Frasers in talks to offload Missguided to Chinese fast fashion giant Shein September 18, 2023 Mike Ashley’s Frasers Group is reportedly in talks to offload its online clothing brand Missguided to Chinese fast fashion giant Shein. Frasers, which owns the high street favourites such as Sports Direct and Jack Wills, bought Missguided for £20m last year after it collapsed into administration. As part of the rescue deal, the Manchester business kept [...]