Sports Direct Is Reeling From A Traumatic Year

Executives at Sports Direct International (SDI), the leading U.K. sports retailer and brand owner, stated that the company suffered its worst year ever, as its sales declined by 6.5 percent to £1.26 billion (€1.58b-$3.13b) for the full year ended on April 27. The company’s margin and underlying profits were further ...

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