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Sports Direct profits slump 59 per cent after pound plunge   Sports Direct boss Mike Ashley says Derbyshire firm will become the `Selfridges of sport'   Sports Direct profits halve as pound plunge hits margins   Sports Direct results: Here's how six City analysts reacted   Sports Direct profits dive by nearly 60%  
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French sports giant to open new megastore

A FRENCH sports giant is opening in Brighton - right next to competitor Sports Direct.
The Argus

Sports Direct profits slump 59 per cent after pound plunge

sports direct profits slump 59 per cent after pound plunge
Analysts were relieved as owner Mike Ashley made Jon Kempster finance director, a post vacant for four years. Profits fell to £113.7m for the year to April 30. But the shares surged 11 per cent.
MailOnline Also reported by •thisismoney.co.uk

Mike Ashley confounds investors with 17-word presentation

Sports Direct chief executive answers to City after 59% drop in pre-tax profits
FT.com

Sports Direct doubles net debt as profits fall 60%

Group snaps up property and boosts sales as sterling hits performance
FT.com

Sports Direct boss Mike Ashley says Derbyshire firm will become the `Selfridges of sport'

sports direct boss mike ashley says derbyshire firm will become the `selfridges of sport'
County-based retailer bullish about the future despite plunge in annual profits
Derby Telegraph

Sports Direct profits halve as pound plunge hits margins

sports direct profits halve as pound plunge hits margins
The discount retailer also announced it had appointed Jon Kempster as its new chief financial officer.
MailOnline Also reported by •thisismoney.co.uk

Sports Direct and Selfridges: Does Mike Ashley have an inferiority complex?

You'd think the retailer's brash boss would tout his business as Britain's best retailer rather than keep comparing it to the posh department store
Independent

Sports Direct results: Here's how six City analysts reacted

sports direct results: here's how six city analysts reacted
Shares in Sports Direct were up almost seven per cent in mid-morning trading, despite the retailer posting results showing its pre-tax profits plunged 60 per cent last year. Could it have been..
City A.M.

Sports Direct profits drop by almost 60% as pound sterling slump bites

Sport Direct sources most of its products from Asia, buying them in dollars, but did not have hedges in place ahead of the dramatic decline in the value of sterling
Independent

Sports Direct profits dive by nearly 60%

sports direct profits dive by nearly 60%
BBC Local News: Tyne and Wear -- Profits at the sportswear retailer plummet, which the company blames on the weaker pound.
BBC Local News Also reported by •BBC News

Sports Direct profits plunge 58pc


Telegraph.co.uk

Sports Direct profits fall 60 per cent to their lowest in six years

sports direct profits fall 60 per cent to their lowest in six years
Pre-tax profits at Sports Direct fell to a six-year low in the year to the end of April, it revealed today. Preliminary results published this morning showed underlying profit before tax fell 59 per..
City A.M.

What you need to know before the open

what you need to know before the open
*Today's top story: *State pension age rises to 68: Government to accelerate timetable for increases *Read more*: Raising the state pension age mitigates the burden of our ageing population We..
City A.M.

Hedge funds scramble to put bets on Sports Direct troubles

hedge funds scramble to put bets on sports direct troubles
Hedge funds are betting on bad news as Sports Direct announces it preliminary full-year figures tomorrow. In the last week there has been a spike in stock loaned to those seeking to short shares in..
City A.M.


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