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The Latest Breaking News from Sports Direct

Leading UK retailers ‘breaking law’ by not refunding customers for returned goods, Which? finds

Consumer group says online shops routinely failed to reimburse delivery costs of unwanted purchases or cost of items

The Guardian - UK

Hugo Boss chairman to step down after pressure from Mike Ashley’s Frasers

Sports Direct owner Frasers said it will now appoint a second representative onto Hugo Boss’s board after increasing its ownership of the brand.

Evening Standard

Sports Direct ad banned over ‘misleading’ RRP

The Advertising Standards Authority found ‘that the RRP and associated savings claim were not genuine’

Evening Standard

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Mike Ashley’s Frasers Group targets Hugo Boss takeover after Harvey Nichols deal

Aseries of recent stock acquisitions has enabled the Sports Direct owner to expand its overall holding in the luxury business

The Independent UK

Mike Ashley’s Frasers eyes majority ownership of Hugo Boss

The Sports Direct owner said it had an objective to take its stake above 50% of the overall share capital and voting rights of the business.

Evening Standard

‘Penchant for bling’: can Sports Direct’s Mike Ashley take a bigger slice of luxury retail?

Frasers billionaire bought Harvey Nichols and increased Hugo Boss stake despite tough times for high-end stores

The Guardian - UK

Footwear giant vows to step up after first loss

The owner of sneaker chains Platypus, Skechers and The Athlete's Foot is regaining its footing after its first loss in its two decades as a listed company.

AAP

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Can Mike Ashley make Harvey Nichols absolutely fabulous again?

It’s an unlikely union — but the Sports Direct tycoon could be the right man to turn the fading icon around, writes Chris Blackhurst

Evening Standard

Plans for south London borough's first Aldi move ahead as M&S in same development to expand

The discount store will replace the former Sports Direct in Kew Retail Park, as part of a wider refresh that includes a bigger Marks and Spencer

Evening Standard

Sports Direct owner Mike Ashley tightens hold on Hugo Boss

Frasers Group increases stake in German fashion house to 48%, after buying Harvey Nichols chain last week

The Guardian - UK

Mike Ashley’s Frasers increases stake in Hugo Boss after plotting takeover bid

The move to buy more shares in Hugo Boss comes hot on the heels of Frasers’ acquisition of Harvey Nichols

The Independent UK

Frasers ups stake in Hugo Boss after bidding to buy entire brand

The retail giant behind Sports Direct and House of Fraser said it had increased its shareholding of the German fashion brand to nearly 48%.

Evening Standard

Harvey Nichols Saved by Sports Direct Owner Mike Ashley After Luxury Retailer Warned It Could Run Out of Cash

Frasers Group has acquired Harvey Nichols, saving over 1,000 jobs. The deal includes UK stores and international franchises, with plans for significant restructuring to revitalise the luxury retailer.

International Business Times UK

Luxury British department store bought by Sports Direct’s Mike Ashley

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The Independent UK

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The Independent UK

Harvey Nichols purchased by Sports Direct boss Mike Ashley in rescue deal

Harvey Nichols warned in its latest accounts that it would need to ‘cease trading’ within a year if it failed to secure fresh funding

The Guardian - UK

Sports Direct owner Mike Ashley buys Harvey Nichols

Frasers Group acquires majority of upmarket retailer’s sites from the administrators

The Independent UK

Frasers Group revenue soars from takeovers despite Sports Direct struggles

Frasers is continuing to seek growth through takeovers

Evening Standard

Takeover deals boost Sports Direct owner Frasers amid ‘tough’ backdrop

It comes as Mike Ashley’s retail vehicle continues to pursue a raft of further deals, including potential takeovers for Hugo Boss and Harvey Nichols.

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The Independent UK

Hugo Boss urges investors to reject Mike Ashley’s ‘inadequate’ €2 billion takeover bid

The retail giant behind Sports Direct and House of Fraser currently owns around 26 per cent of Hugo Boss

Evening Standard

Hugo Boss calls for investors to reject ‘inadequate’ Frasers Group offer

Hugo Boss’s management and supervisory board said they ‘unanimously recommend that shareholders do not accept’ the offer.

The Guardian - UK

I’ve completed 355 parkruns – here’s what you need to get started

You don’t need to be a super athlete to take part in parkrun. Whether it’s pacing yourself or picking the perfect shoes, here’s how to find your feet at the UK’s favourite 5k

The Guardian - UK

England enjoy New York minute but fans check out to watch darts instead

Travelling England fans are going under the radar in the Big Apple, but many have attended the US Darts Masters

The Guardian - UK

Mike Ashley’s Frasers follows Hugo Boss bid with offer for Australia’s Accent

UK billionaire’s fashion group offers £166m for takeover of 77.1% of shares in shoe firm it does not already own

Evening Standard

Frasers Group launches £166m offer to take full control of Australia’s Accent

Frasers currently owns a 22.9% stake in Accent but has now sought to take full ownership, amid a recent flurry of dealmaking by the UK firm.

AAP

FED:UK retail giant makes hostile bid for Hype DC owner

The British company that owns Sports Direct is offering to buy Accent Group for $390 million, saying it has concerns about its management and chairman.

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