Close

Results 1 to 9 of 9
  1. #1
    DF Founder Raptor's Avatar
    Join Date
    Nov 1999
    Location
    USA
    Posts
    95,487
    Thanks
    477
    Thanked:        1,885
    Karma Level
    4957

    BBC News Sports Direct profits dive by nearly 60%


    Profits at retailer Sports Direct have plummeted nearly 60% largely as a result of the weaker pound.
    Underlying pre-tax profit fell to £113.7m, down from £275.2m last year, because of "currency movements and increased depreciation charges".
    Chief executive Mike Ashley said it had now taken steps to "minimise the short-term impact of currency volatility".
    Sports Direct's reputation has been badly hit by revelations about staff conditions at its Derbyshire warehouse.
    Chairman Keith Hellawell said the company had made "positive progress" across the business as it continued to "strive to ensure that all of our people are treated with dignity and respect".
    A recent survey of workers in Shirebrook, to which 3,300 people responded, had showed that an "overwhelming majority" of people in the warehouse "currently feel they are treated with respect", he added.
    Staff had elected the company's first UK workers' representative and Mr Hellawell said he had "no doubt" their "contribution will prove invaluable to the board as the Sports Direct family continues to move forward together".
    Let's block ads! (Why?)


    BBC News

  2. #2
    DF VIP Member Nikki's Avatar
    Join Date
    Dec 2002
    Location
    Walsall
    Posts
    12,413
    Thanks
    559
    Thanked:        148
    Karma Level
    897

    Default Re: Sports Direct profits dive by nearly 60%

    That some drop in £££
    I read the articles on him on BBC site today ref his comments on he always loses his fine and got circa 50 at his office lol


    Sent from my iPhone using Tapatalk

  3. #3
    DF Admin maltloaf's Avatar
    Join Date
    Dec 2000
    Location
    Hereford, Here
    Posts
    16,064
    Thanks
    958
    Thanked:        1,271
    Karma Level
    1233

    Default Re: Sports Direct profits dive by nearly 60%

    Poor Mike. Boo hoo. Never mind eh...
    Facebook: http://facebook.com/maltloaf Garmin Connect: http://connect.garmin.com/profile/maltloaf_df
    Strava: https://www.strava.com/athletes/2631290
    i5 6600k @ 4.5GHz/3060ti 8GB Oculus Quest 2
    Laptop Asus FX505GT i5 9500/1650 4GB

  4. #4
    DF VIP Member Fear345's Avatar
    Join Date
    May 2002
    Location
    entebbe
    Posts
    3,153
    Thanks
    174
    Thanked:        415
    Karma Level
    524

    Default Re: Sports Direct profits dive by nearly 60%

    More like people have cottoned in that he sells fucking TAT.

    Thanks to Fear345

    Rhinoz (26th July 2017)  


  5. #5
    DF Admin maltloaf's Avatar
    Join Date
    Dec 2000
    Location
    Hereford, Here
    Posts
    16,064
    Thanks
    958
    Thanked:        1,271
    Karma Level
    1233

    Default Re: Sports Direct profits dive by nearly 60%

    It is awful gear fair play. He got away with recycling old dead brands for a while but seems to have been found out now.
    Facebook: http://facebook.com/maltloaf Garmin Connect: http://connect.garmin.com/profile/maltloaf_df
    Strava: https://www.strava.com/athletes/2631290
    i5 6600k @ 4.5GHz/3060ti 8GB Oculus Quest 2
    Laptop Asus FX505GT i5 9500/1650 4GB

    Thanks to maltloaf

    Rhinoz (26th July 2017)  


  6. #6
    DF VIP Member Nikki's Avatar
    Join Date
    Dec 2002
    Location
    Walsall
    Posts
    12,413
    Thanks
    559
    Thanked:        148
    Karma Level
    897

    Default Re: Sports Direct profits dive by nearly 60%

    Quote Originally Posted by maltloaf View Post
    It is awful gear fair play. He got away with recycling old dead brands for a while but seems to have been found out now.
    Yes agree and the working conditions has put him in the lime light on a number of occasions


    Sent from my iPhone using Tapatalk

  7. #7
    DF VIP Member Rhinoz's Avatar
    Join Date
    May 2012
    Location
    uk
    Posts
    917
    Thanks
    466
    Thanked:        339
    Karma Level
    195

    Default Re: Sports Direct profits dive by nearly 60%

    Quote Originally Posted by Fear345 View Post
    More like people have cottoned in that he sells fucking TAT.
    Quote Originally Posted by maltloaf View Post
    It is awful gear fair play. He got away with recycling old dead brands for a while but seems to have been found out now.

    Exact reason why I wouldn't purchase anything in there, they use the same technique as TK Maxx, buy old brands, place a premium price on it and then say it's discounted at 50% when in fact it's worth more like 10% of the price.

  8. #8
    DF VIP Member plug1's Avatar
    Join Date
    Jan 2001
    Location
    glesga
    Posts
    1,934
    Thanks
    361
    Thanked:        234
    Karma Level
    392

    Default Re: Sports Direct profits dive by nearly 60%

    Different from TK max , SD buy up failed brands and put clothes back into production . if you look it up tells you what brand names he owns.
    anyhoo good , hes a cunt

    Thanks to plug1

    Rhinoz (27th July 2017)  


  9. #9
    DF VIP Member Rhinoz's Avatar
    Join Date
    May 2012
    Location
    uk
    Posts
    917
    Thanks
    466
    Thanked:        339
    Karma Level
    195

    Default Re: Sports Direct profits dive by nearly 60%

    Quote Originally Posted by plug1 View Post
    Different from TK max , SD buy up failed brands and put clothes back into production . if you look it up tells you what brand names he owns.
    anyhoo good , hes a cunt

    For years I thought TK Maxx did that as well with the older lesser known brands they sell but just checked after you're post and as you said they don't, fook know's where I got that idea from lol.

Similar Threads

  1. Complaints procedure - Sports Direct
    By BFG in forum The Dog and Duck
    Replies: 21
    Last Post: 8th September 2017, 10:30 AM
  2. [FREE] Sports Direct £59 Jacket for £4.99 postage
    By consoles in forum Ebay Bargains, Coupons & Other Crazy Shit
    Replies: 56
    Last Post: 22nd February 2016, 01:26 PM
  3. Free Sports Back Pack (Viking Direct) (NO MOV)
    By /dev/null in forum Cheapskates Corner
    Replies: 14
    Last Post: 25th August 2004, 05:43 PM

Social Networking Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •