Latest World News
Mike Ashley’s Sports Direct business has bought Jack Wills for £12.75 million after the fashion chain went into administration on Monday. The high street retailer has taken over all of Jack Wills’ stock, the distribution centre and 100 stores plus employees across the UK and Republic of Ireland. Sports Direct admitted that it regretted trying…
Debenhams is at risk of falling into the hands of its lenders in a move that will clean out shareholders after the company and its financial backers reject a £150 million cash offer from Mike Ashley’s Sports Direct. A pre-pack administration deal is expected to be announced on Tuesday morning that would affect Debenhams’ holding…
Sports Direct owner Mike Ashley who is no stranger to controversy has suggested to MPs that the “internet is killing the High Street” and recommends levying yet another tax on online retailers, which would once again fall heaviest on those who are on lower incomes and need to shop around. Most of the large retailers…
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Craig Taylor