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The Latest Breaking News from Sports Direct

FTSE 100 Live 01 November: Markets calmer after sell-off, Reckitt Benckiser shares jump

Borrowing costs continue to be in focus after a rocky week for markets on both sides of the Atlantic.

Evening Standard

Voices: What could be better than reviving Boohoo? Bring back Topshop instead!

COMMENT: The fast-fashion retailer that boomed during the pandemic has fallen on hard times, and Sports Direct founder Mike Ashley hopes to rescue it – but, says Emma Clarke, there’s another British high-street brand that’s ready for a comeback

The Independent UK

Frasers demands appointment of founder Mike Ashley as boss of Boohoo

Frasers warned over what it claimed was a ‘leadership crisis’ at Boohoo after its chief executive last week stepped down.

Evening Standard

From analysis to the latest developments in health,
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Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – as it happened

Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets

The Guardian - UK

Mulberry rejects fresh bid from Mike Ashley’s Frasers Group as ‘untenable’

Frasers had raised its offer from 130p to 150p a share, valuing the British luxury handbag maker at £111m

The Guardian - UK

Mulberry’s owner rejects increased £111m bid from Mike Ashley’s Frasers Group

Majority owner, Challice, says it has no interest in selling shares to group that already owns 37% of luxury brand

The Guardian - UK

Mulberry rejects £83m takeover bid from Mike Ashley’s Frasers Group

British handbag maker says it is raising cash for turnaround and does not need offer from Sports Direct owner

The Guardian - UK

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Mike Ashley’s Frasers Group makes £83m offer for handbag maker Mulberry

Sports Direct owner looks to up 37% stake to 100% amid concerns for future of cash-strapped fashion firm

The Guardian - UK

Best badminton rackets in 2024: 10 options that hit the mark

From lightweight rackets with flexible shafts to head-heavy rackets with stiff shafts

Evening Standard

Bucket hats set to boom as Oasis takes fashion back to Britpop Britain

It is time to re-embrace the bucket hat (that is, if you ever stopped), says Joe Bromley

Evening Standard

Frasers Group seeks approval for Mike Ashley to cash in £585m in share buyback

Company wants investors’ permission to buy billionaire’s shares in private deal at market price at the time

The Guardian - UK

England’s Euro run helps JD Sports beat sales expectations

Share price jumps more than 8% after big improvement on previous quarter assisted by popularity of replica shirts

The Guardian - UK

Parents should hold off buying this back to school staple 'as close to their first day as possible', says retailer

With parents turning their attention to kitting their kids out for the new school year, research suggestions which items should be left until the last minute

GoodToKnow

Best cheap gym equipment for home: 10 additions that are low in cost but high in gains

From Pilates mats and resistance bands to dumbbells and treadmills, discover the best cheap gym equipment that’ll ‘HIIT’ the spot

Evening Standard

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Evening Standard

Best affordable gym clothing brands to shop in 2024

Look good and feel good while you elevate your heart rate

The Independent UK

Myprotein operator THG strikes deal with Frasers for consumer credit roll-out

THG also revealed it has clinched a deal to sell its luxury brand Coggles to Frasers.

The Guardian - UK

Frasers buys THG’s Coggles website as they unveil partnership deal

Sports Direct owner to acquire luxury goods sites and sell online retailer’s protein powder in its shops

The Guardian - UK

UK gas prices hit highest level of 2024 after crack closes Norwegian pipeline; UK factories return to growth – as it happened

Rolling coverage of the latest economic and financial news, as wholesale gas prices rise after disruption to supplies from Norway

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Evening Standard

Best Olympics merch: top souvenirs to buy now

Including that Snoop Dog pin badge!

Top News

Frasers Group Expands In EMEA Market With Twin Sport Acquisition

Frasers Group expands in EMEA market through Twin Sport acquisition and potential Sprinter locations takeover.

TechRadar

GAME store employees have been told to expect layoffs as they receive new zero-hours contracts

Staff at UK retailer GAME have reportedly been told to expect layoffs as they've been moved to zero-hours contracts.

Evening Standard

Sports Direct to open two new 'flagship' stores at Westfield shopping centres next year

The branch at Westfield London in Shepherd’s Bush will be 29,000 sq ft and the other at Westfield Stratford will be 28,000 sq ft

The Guardian - UK

Frasers’ new director is boyfriend of owner Mike Ashley’s daughter

David Al-Mudallal, who is in a relationship with Matilda Ashley, appointed to Sports Direct parent company’s board

Evening Standard

Best rugby kits for men to shop in 2024 that will help you look the part on the pitch

These kits will give you an advantage on the field

Marie Claire

Considering working out this Ramadan? Three athletes share 8 invaluable lessons they've learnt over the years

80% of young Muslims report being apprehensive about working out during their fast.

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