It was a mix of the good and the bad as Sports Direct delivered its results on Thursday with the global retail giant clearly still a work-in-progress that's advancing in some areas, but also seeing a profits drop.
Sports Direct saw its profits taking a dive last year and currency effects are hitting margins hard. But new-gen stores, a deal with Asics and strong premium lifestyle and licensing ops give it reasons to be cheerful
The list of bidders for Jaeger has grown and it looks like Edinburgh Woollen Mill could be in the lead with sources saying its owner’s track record of succesful turnarounds gives it a strong chance of winning the prize.
Mike Ashley has won the race for lingerie brand Agent Provocateur, the troubled company having entered a pre-pack administration prior to being acquired by Ashley for around £31m. But the brand's founder is not happy.