U.K. police authorities have raided the headquarters of British retailer and wholesaler Sports Direct International (SDI). It was confirmed, however, that the investigations are not related to SDI’s operations as such, but the involvement of its strong man, Mike Ashley, at the Glasgow Rangers soccer club. Ashley holds altogether, directly and indirectly 9 percent of shares […]
Cherokee Global Brands, the U.S. owner of a range fashion labels, has secured a license deal with English retail giants Sports Direct International (SDI) for the Tony Hawk brand of skate and fashion apparel and accessories. Starting from the fall/winter 2015-16 season, SDI will offer Tony Hawk on an exclusive basis in its European outlets and via its online […]
In the 13 weeks from Oct. 27 through Feb. 18, U.K. retailer and wholesaler Sports Direct International (SDI), lifted its group sales by 2.6 percent to £771.0 million (€1,044.7 million). Gross profit climbed by 7.6 percent to £346.9 million (€469.9 million). Sports retail sales were up by 2.7 percent to £643.2 million (€871.3 million), while sales […]
Sports Direct International (SDI) increased its income after write-offs (Ebitda) by 10.8 percent in the first 26 weeks of its financial year through Oct. 26. Sales were up for the entire group by 6.5 percent to more than £1.4 billion. Turnover was up for the sports retail division by 8.3 percent to £1,230.9 million, but sales […]
Australian Group Pacific Brands is selling its footwear, apparel and sports equipment categories bundled under the umbrella of Brand Collective to various investors. Footwear and apparel goes to Australian investor Anchorage Capital Partners. The deal comprises, among others, the licenses of Clarks and Hush Puppies in the region. The Dunlop and Slazenger brands for which Brand […]
With a rather unusual marketing campaign, Intersport Austria is directly addressing customers of the chain formerly known as Intersport Eybl which is now controlled by British retailer Sports Direct International (SDI). According to Intersport, the Eybl customer card is expiring, and its bearers now have the chance to acquire an Intersport card when returning their Eybl […]
Sports Direct International (SDI), the big British retailer and wholesaler, continues to invest in U.K. general retail. The company has just announced its acquisition of an additional stake of 4.6 percent in Debenhams, which describes itself as one of the four top apparel retailers in the country. Through this move SDI increases its total stake in […]
Sports Direct International, the big British sporting goods retailer and owner of a wide range of sports and fashion brands, is to proceed with a put option to acquire 23.0 million shares of Tesco. This represents 0.28 percent of issued share capital in the food chain. The investment is limited to a volume of £43 million (€55.1 million). […]
In an interim statement released before its general annual meeting later today, Sports Direct International (SDI), the large British retailer, has released an overview of its financial evolution during the 13 weeks up to July 27. Overall sales were up by 12.2 percent to £711.2 million (€885.1 million), while gross profit improved by 11.8 percent to £301.2 million (€374.8 […]
Sports Direct International, the leading sporting goods retailer in the U.K., has released the preliminary figures for its financial year 2013-14, which ended on April 27. Sales were up by 23.8 percent and reached a total of £2.7 billion (€3.4 billion). Average growth for the group’s sporting goods retail operations were even higher and jumped […]