• News briefs

    Shares of Sports Direct’s parent reach a 52-week high

    2021-05-13T12:54:00Z

    Frasers Group , which owns Sports Direct International and many other assets, has launched a new share buyback program, limiting the maximum aggregate purchase price at £60 million (€69m-$83m) for a total of up to ten million shares. It started on May 4 with the acquisition of 3,189 shares ...

  • SGI Europe Executive Edition: Vol 32 - 19+20
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    SGI Europe Executive Edition: Vol 32 - 19+20

    2021-05-13T11:48:00Z

    Adidas upgrades its outlook | Reebok’s potential said to be high | Under Armour raises guidance | Zalando lifts guidance | New U.S. buy for Tennis-Point | New reports on On’s IPO | Korean firm buys TaylorMade | Champion targets sales of $3bn | Peloton sees hit from product recall | Recalls made easier in Europe | Boenke to run New Balance EMEA | Markus Hefter quits ISPO

  • News briefs

    Sports Direct voted “worst” sports shop in Britain by customers

    2021-05-10T17:25:00Z

    Sports Direct has been ranked as the U.K.’s worst sports shop, according to a survey conducted by a consumer specialist agency, Which? The poll asked 10,909 members of Which? and the general public in November about their most recent experiences of purchasing outdoor and sporting equipment at 29 ...

  • News briefs

    Frasers starts a share buyback program

    2021-05-05T09:29:00Z

    Frasers Group , which owns Sports Direct International and many other assets, has launched a new share buyback program, limiting the maximum aggregate purchase price at £60 million (€69m-$83m) for a total of up to ten million shares. It started on May 4 with the acquisition of 3,189 shares ...

  • Short stops

    May 3/4 Short Stops: Adidas – Body Glove – Castore - Hummel – Sports Direct – Stadium - Wildberries

    2021-05-04T16:41:00Z

    Management : +++ After working for the Swedish Stadium chain for 15 years, the last four as general manager of its successful Stadium Concept chain, Magnus Wählander is leaving to become the CEO of Coop Mitt , a Swedish chain of about 800 ...

  • SGI Europe Executive Edition: Vol 32 - 17+18
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    SGI Europe Executive Edition: Vol 32 - 17+18

    2021-04-29T14:10:00Z

    Puma starts 2021 with a bang | XXL gains market shares | Moody’s upgrades Amer | Shimano grows by 64.4% | Chinese firms post strong gains | Big jumps in China’s economy | Zalando widens pre-owned concept | Sportgreen, a new online platform | New lockdown rules in Germany | How are we dealing with Brexit?

  • News briefs

    Sports Direct is ordered to pay back rent

    2021-04-26T17:25:00Z

    The U.K.’s High Court has ordered Frasers Group , the parent of Sports Direct and many other companies, to pay rent arrears to the landlords of one of its stores, which has been forced to stay closed for several weeks because of the Covid-19 pandemic. The judge supported the ...

  • SGI Europe Executive Edition: Vol 32 - 15+16
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    SGI Europe Executive Edition: Vol 32 - 15+16

    2021-04-15T13:22:00Z

    Drop of 8% in Europe in 2020 | JD reports flattering results | Hervis to focus on four sports | Signa reportedly eyes IPO | StockX’ values rises to $3.6bn | Latest data on online retailing | Selfridges reopens with spinning | Consumers are ready to spend more | Alpine skiing falls sharply | Home fitness saves Technogym | Vietnam gets more self-sufficient | Foot Locker goes for sustainability

  • News briefs

    Sports Direct’s parent company warns Covid-19 could cost more than £200 million

    2021-04-09T16:04:00Z

    Frasers Group , the parent company of Sports Direct , has warned that it could take a hit of more than £200 million (€230m-$275m) due to Covid-related restrictions. This would be double the previous estimate it had made in February, when the company said it expected that the pandemic crisis ...

  • SGI Europe Executive Edition: Vol 32 - 13+14
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    SGI Europe Executive Edition: Vol 32 - 13+14

    2021-04-01T14:46:00Z

    Industry stocks rise by 10.9% | Strong China gains help Nike | Nautilus will focus on two brands | Lululemon creates regions | Fila declines, except in China | Possible relief for sports retailers | EuroSIMA and UCI join forces | Zoppas returns to Tecnica as CEO | ISPO works on B2B fitness show | Reactions to Myanmar violence | Reactions to forced China labor | How to reduce logistic costs