Web20 Sep 2024 · 20 September 2024 PA Media Mike Ashley is to step down from the board of Frasers Group, owner of the Sports Direct chain that the retail billionaire founded 40 years ago. Mr Ashley had... Web23 Jul 2024 · Sports Direct founder Mike Ashley at the warehouse in March 2024. Photograph: Joe Giddens/PA As part of Sports Direct’s response to the Guardian’s 2015 …
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Web3 Jul 2024 · The high court has been given an extraordinary insight into the working practices of Mike Ashley, the controversial founder of Sports Direct, who it was claimed would challenge subordinates... Web6 Feb 2024 · Founded in 1982, Sports Direct has grown into a multi-retailer company that owns everything from department stores House of Fraser and Flannels to preppy fashion brand Jack Wills and computer game retailer Game. It also owns sports brands such as Karrimor, Kangol, Slazenger and Lonsdale. ecct meaning
Sports Direct founder Mike Ashley to quit Frasers
The company was founded by Mike Ashley in 1982 as a single store in Maidenhead trading under the name of "Mike Ashley Sports". In late November 2006, a number of business newspapers reported that Ashley was looking at an IPO of Sports World International. He hired Merrill Lynch, who valued the group at up to £2.5bn ahead of a possible flotation on the London St… Michael James Wallace Ashley (born 9 September 1964) is a British retail entrepreneur and chief executive of Frasers Group Plc (formerly Sports Direct International). He owned the Newcastle United football club between 2007 and 2024. According to The Sunday Times Rich List in 2024, Ashley is the 61st richest person in the UK with an estimated net worth of £2.718 billion. In Augu… Web5 Aug 2024 · However, the Sports Direct founder is now planning to hand over the reins of his Frasers Group vehicle to his prospective son-in-law. Mr Ashley is set to pass the position of chief executive of the group, which also owns a raft of other high street brands, to 31-year-old Michael Murray and take a less prominent role at the firm. ecct news