Posts tagged as sports direct international

  • Wednesday, July 16th 2014

    Mike Ashley does not want bonus shares

    by Markus Huber

    Mike Ashley, officially executive deputy chairman of Sports Direct International, but in fact the strong man behind the British retail group, has withdrawn from next year’s bonus share scheme. This incentive has been approved by the majority of shareholders and runs from 2015 through April 2019. Keith Hallawell, non-executive chairman of the group, commented, “Following […]

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    Tuesday, July 15th 2014

    No more deliveries: Mammut runs its tusks into SDI

    by Markus Huber

    Swiss vendor Mammut Sports Group has announced that it is going to end its business relations with U.K. retailer Sports Direct International, effective deliveries for fall/winter 2014-15. This is due to strategic reasons, as the brand puts it. The same applies to Austria’s Sport Eybl & Sports Experts, a retail chain of which SDI won […]

  • Monday, July 14th 2014

    SDI enters the Fifth Continent

    by Markus Huber

    Sports Direct International, the UK retailing group, is moving into Australia and New Zealand as part of its global expansion. Firstly, SDI will set up a joint venture with Australia’s MySale Group, which runs the online flash sale fashion platform OzSale.com.au. MySale has 12 million members. SDI plans to launch its own websites for the two countries later this […]

  • Wednesday, April 23rd 2014

    SDI halts Eybl’s online shop after the founding family pulls out

    by Markus Huber

    Yesterday, Sports Direct International, the U.K. retailer, which controls Austria’s Sport Eybl & Sports Experts, abruptly closed Eybl’s online shop and has since then redirected the customers to sportsdirect.com. According to ORF, the public Austrian broadcast corporation, the twelve employees of the Eybl online shop were not informed of this rapid measure. Reportedly, the staff of […]

  • Monday, December 16th 2013

    Ashley vs. Adidas—if you don’t give in, I’ll buy my way in

    by Markus Huber

    It’s a creative idea—and maybe worth considering? The U.K. publication This Is Money is speculating about a potential investment in Adidas by Mike Ashley, founder and majority owner of Sports Direct International (SDI). The website suggests the possibility (without mentioning any serious sources) that SDI or its strong man might buy a 5 percent stake […]

  • Tuesday, October 29th 2013

    SDI may be interested in Bench; Ashley sells shares

    by Markus Huber

    Drapers, the U.K. trade publication for the apparel business, has heard that Sports Direct International (SDI), the big British sports and fashion retailer and brand owner, is eying the sportswear label Bench. The brand is part of the company Americana International which was acquired by Hg Capital in 2007, reportedly for £190 million (€222.4 million). […]

  • Wednesday, October 23rd 2013

    SDI continues to be in an Olympic spirit

    by Markus Huber

    In anticipation of the end of its fiscal half year on Oct. 27, Sports Direct International, the major U.K. retailer, gave today an overview on its evolution during the nine weeks ended Sept. 29. Total sales grew by 15.1 percent to £463.7 million (€544.3 million), while the gross profit improved by 19.4 percent to £199.8 million (€234.6 […]

  • Thursday, September 12th 2013

    SDI continues in a double-digit fashion

    by Markus Huber

    Sports Direct International, the big fish in the British and European sporting goods pond, increased sales during the first quarter by 18.2 percent to £613.3 million (€729.8 million) compared with last year’s period. Gross profits were up by 23.2 percent to £260.1 million (€309.5 million). These figures do not include acquisitions during the quarter, such […]

  • Monday, July 22nd 2013

    SDI grows strongly – with or without acquisitions

    by Markus Huber

    In the 52 weeks of its financial year ended April 28, Sports Direct International, the U.K sports retailer and wholesale trader, increased its sales by 20.9 percent compared with a pro forma year of 52 weeks in 2011-12. Total sales of the group were £2,186 million (€2,541 million) in 1212-13 of which £1,575 million (€1,831 […]

  • Wednesday, June 26th 2013

    Gelert rescue: SDI goes camping in Wales

    by Markus Huber

    Gelert, the Welsh brand of camping and outdoor equipment, went into receivership at the end of last week. According to local media reports, the rescue came at once from the usual suspect that always seems to sweep in when sporting goods retailers or brands are in trouble. Sports Direct International (SDI), the huge U.K. company […]