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On 13 January 2014, Sports Direct bought 4.6% of Debenhams shares. The stock market purchase of 56.8 million shares (worth around £46m) was made without the prior knowledge of the Debenhams board. Sports Direct International stated at the time it intended to be a supportive share holder.
This point goes further than merely showing the absence of a good commercial reason to offer Mr Blue a £15 million incentive. Mr Blue's evidence – which I have accepted as probably accurate – is that Mr Ashley said he would pay the £15 million to Mr Blue if Mr Blue could "get" the Sports Direct share price above £8 per share.
This is an accepted version of this page This is the latest accepted revision, reviewed on 21 December 2024. British entrepreneur (born 1964) Mike Ashley Ashley in 2023 Born Michael James Wallace Ashley (1964-09-09) 9 September 1964 (age 60) Walsall, Staffordshire, England Occupation Businessman Years active 1980–present Title CEO of Sports Direct (1982–2018) Newcastle United owner (2007 ...
In 2014 Sports Direct became a major share holder. [ 2 ] Sweatshop was voted "best retailer" by readers and website visitors of the British edition of Runner's World magazine each year from 2008 to 2013.
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On 28 February 2013, Sports Direct bought 114 Republic stores, the brand name, all remaining stock and own-brands including SoulCal, Crafted and Fabric from the administrators. [6] The Republic head office was also purchased.
Dunlop Sport is a British sports equipment manufacturing company established in 1910 that focuses on racquets and water sports, more specifically tennis, swimming, squash, padel and badminton. Products by Dunlop Sport include racquets, strings, balls , shuttlecocks , and bags.
JJB Sports plc was a British sports retailer. On 24 September 2012, shares in JJB Sports were suspended, and the firm called in administrators. On 1 October 2012, it was announced that Sports Direct had purchased part of the business, including 20 stores, the brand, and its website for £28.3 million. [2] [3]