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Sport and Leisure

Sports Direct accuses shareholder lobby group of "fake news"

Wednesday 15 March 2017 - Posted by Elias Jahshan

An influential shareholder lobby group has been accused by Sports Direct of "fake news" over claims about its executive pay ratios. The retailer said a report by Pensions & Investment Research Consultants (PIRC) "incorrectly claims that Sports Direct had a chief executive-to-a...


Nike tops the list of most valuable apparel brands for another year

Monday 13 March 2017 - Posted by Ben Stevens

Nike has once again been crowned the most valuable apparel brand in the world, raising its brand value by a further 13 per cent to around £26 billion. New data from strategy consultancy firm Brand Finance reveals that Nike is worth around £10 billion more than its closest riva...


Business leaders “deeply sceptical” of Sports Direct's workers representative election

Friday 10 March 2017 - Posted by Ben Stevens

Unions and business leaders have criticised Sports Direct’s decision to place a workers representative on its board, branding it a “PR exercise". Earlier this week the sportwear retailer stated it would make good on its promise to put a worker’s representative in the boardroom...


Nike poised to roll out performance hijab across its stores

Thursday 09 March 2017 - Posted by Elias Jahshan

Sportswear giant Nike has unveiled its first range of modest active wear, dubbed the Nike Pro Hijab. Designed with the needs of female Muslim athletes in mind, the Nike Pro Hijab aims to provide women and girls in predominantly-Muslim countries the chance to take part in physi...


Standard Life sets its sights on Sports Direct

Thursday 02 February 2017 - Posted by Ben Stevens

Prime Minister Theresa May’s new crackdown on poor corporate governance and executive pay has prompted one of the City’s most renowned institutions to turn on Sports Direct. Standard Life Investments stated in its yearly stewardship report that it was willing to rebel against ...


Nike boss slams Donald Trump's "Muslim ban" policy

Monday 30 January 2017 - Posted by Elias Jahshan

The boss of sportswear brand and retail giant Nike has slammed US President Donald Trump’s executive order that bans people from seven Muslim-majority countries from entering the US. In an email to sent to employees, which is going viral on social media (scroll down for the fu...


JD Sports in hot water after 140 warehouse staff sent to hospital over 4 years

Monday 30 January 2017 - Posted by Elias Jahshan

At least 140 staff at JD Sports’ Rochdale warehouse have been sent to hospital in the last four years, according to a Guardian investigation. According to documents the newspaper obtained under freedom of information, ambulances visited the warehouse 166 times in the last four...


Halfords bounces back after robust festive season

Thursday 19 January 2017 - Posted by Elias Jahshan

Halfords has recorded robust growth in sales in its third quarter period, with a 5.9 per cent spike in like-for-like sales and an 11.4 per cent surge in total sales. In the 15 weeks to January 13, which includes the crucial festive trading period, retail like-for-like sales we...


Mike Ashley takes swipe at rebel Sports Direct shareholders

Monday 09 January 2017 - Posted by Elias Jahshan

Mike Ashley has criticised Sports Direct shareholders who did not vote in support of re-electing chairman Keith Hellawell last week. However, the controversial retail mogul praised Odey Asset Management founder Crispin Odey for his support, saying his decision to back the reta...


Mountain Warehouse enjoys record Christmas trading period

Friday 06 January 2017 - Posted by Elias Jahshan

Outdoor retailer Mountain Warehouse has recorded an increase in sales and revenue for the Christmas trading period, boosted by international transactions. The outdoor retailer’s like-for-like sales increased 13.6 per cent in the six-weeks to January 1, with international sales...