Mike Ashley, the Sports Direct entrepreneur, is preparing to step back from his high-profile role as CEO of his growing retail empire. He’ll hand control to his future son-in-law Michael Murray, the Telegraph reported.
Castore is becoming a force to be reckoned with in pro kit sponsorship.“Disrupting a market dominated by a handful of global brands”, its latest deal and biggest so far is with English Premiership club Newcastle United.
And the Sports Direct growth story continues. Fresh from announcing a major retail push into Europe and a “trail-blazing” remodelled store in London, the UK sportswear chain has also opened a new flagship in Leicester.
Floodgates for the Sports Direct brand are about to open with the retailer heading for a “huge push” into Europe. The brand aims to open flagship stores in “all” capital cities in Europe as part of a five-year plan.
It’s being billed as a £10 million ‘trailblazer’. Sports Direct is reopening its flagship store on London’s Oxford Street following a major refurbishment with a “modern, innovative, and sleek new look".
Sports Direct has launched a £6 million summer football ad campaign ahead of this month's European Championships. Entitled ‘Just A Game?!’, the ad takes fans on a light-hearted journey through the meaning of football.
Is the UK's Frasers Group about to make a bid for Hugo Boss? Some investors in the latter seem to think so as its shares jumped on Friday on speculation that shareholder Frasers has ambitions to take control.