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The Latest Breaking News from Sports Direct

Frasers Group increases stakes in Asos and Hugo Boss

Sports Direct and Flannels owner has ambitions to grow inside and outside of the UK

Birmingham Post

Mike Ashley's Frasers Raises Hugo Boss Exposure and Buys ASOS Stake

Mike Ashley's Frasers Group has increased its maximum exposure to German fashion house Hugo Boss to 840 million pounds ($954 million) and has built a more than 5% stake in struggling British online fashion retailer ASOS. Frasers, formerly called Sports Direct, is on a drive to move upmarket and said…

Asharq Al-Awsat

House of Fraser to ban sale of fur products in latest boost to Mirror campaign

The firm, which also owns Sports Direct and fashion brand Jack Wills, joins Burberry, Chanel, Gucci, Prada, Net-a-Porter and Canada Goose in snubbing fur

Daily Mirror

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Frasers breaches majority share threshold in MySale takeover battle

Mike Ashley’s retail group clear for takeover as owner of 50.59% of MySale stock

Evening Standard

Six ways to make your children's school shoes last longer using common household items

An expert has shared some great ways for parents to keep their kids' shoes looking new using things you may have in your home - here is the full list of tips

Chronicle Live

Newcastle United's new owners' small wins that have made a big difference

PIF celebrate their one-year anniversary since their takeover of Newcastle.

Chronicle Live

Newcastle's owners are 'harnessing' an asset worth much more than transfers

After just 12 months of ownership - Newcastle fans have fallen back in love with their club

Chronicle Live

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Frasers prepares ground for takeover of Australian retailer MySale

Owner of Sports Direct and Missguided ups share landgrab for discounter

Evening Standard

Frasers Group set to create 7,500 jobs with new global HQ campus

Owner of brands such as Sports Direct and Evans Cycles is eyeing vacant land in the West Midlands to build a new office, R&D and leisure hub

Birmingham Post

Sports Direct worker jailed for trying to hire hitman to kill colleague in love triangle

Whitney Franks, 27, tried to find a hitman who would get rid of love rival Ruut Ruutna for £1,000 in BitCoin after exploring the dark web online

Daily Mirror

Doncaster City make bizarre Scottish Cup bid as English side use ancient treaty to fuel Celtic and Rangers dream

The newly-formed club are backed by retail giants Sports Direct and currently play in the 13th tier of English football.

Daily Record

From squash player to sportswear giant: Mike Ashley’s colourful retail career

Mike Ashley is stepping down from Frasers Group board, but Sports Direct founder leaves lasting legacy

The Guardian - UK

Frasers director Mike Ashley to step down after 40 years

The founder has pledged to lend £100 million to the business despite stepping down from his role.

Manchester Evening News

Mike Ashley quits as director of Sports Direct group as son-in-law left in charge

Mr Ashley is to step down as a director of its owner Frasers Group next month after handing over power to Michael Murray.

Daily Record

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The National (Scotland)

Mike Ashley to quit Frasers Group with £100m loan as parting gift

BILLIONAIRE retail magnate Mike Ashley is to step down as a director of Sports Direct owner Frasers Group next month, but has agreed to lend…

Birmingham Post

Billionaire retailer Mike Ashley quitting Frasers board

Retail tycoon worth around £2.4 billion founded the Sports Direct business 40 years ago

Daily Mirror

Mike Ashley quits as director of Sports Direct group - leaving son-in-law in charge

Mike Ashley is to step down as a director of Sports Direct owner Frasers Group next month after handing over the reins to his son-in-law and new chief executive Michael Murray

Chronicle Live

Mike Ashley to step down from the board of Sports Direct owners Frasers Group

The former Newcastle United owner says he 'feels confident passing the baton' to his son-in-law Michael Murray who has led on 'elevation strategy'

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The Guardian - UK

City braces for sharp hike in UK interest rates; Roubini predicts ‘long, ugly’ recession – as it happened

Money markets suggest the Bank of England could raise rates from 1.75% to 2.5% this week, and 3.75% by end of 2022, as policymakers try to get to grips with soaring inflation

Evening Standard

FTSE 100 Live: Mike Ashley to step down, central banks in focus

Sports Direct owner Frasers Group today announced that founder Mike Ashley is to step down from the board after next month’s AGM.

Evening Standard

Mike Ashley to stand down from Frasers board

Company includes Sports Direct, House of Fraser and Jack Wills high street brands

The Guardian - UK

Mike Ashley to step down from Frasers Group board

Retail tycoon to remain as the controlling shareholder of Sports Direct and House of Fraser owner

Manchester Evening News

All the shops and places closed on Monday for Queen's funeral bank holiday - full list

Many businesses will be closing their doors today

The Guardian - UK

Mike Ashley’s retail empire poised for FTSE 100 return

Frasers Group to take up slot vacated by defence firm Meggitt, which was bought by US rival

Daily Record

'Dishonest' Ayrshire care worker at Autistic support centre is struck off after taking cash from service users and falsifying a receipt

Samuel McCulloch took the cash home, instead of depositing it in a petty cash tin, as was required.

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