New Blow As Sports Direct Reveals Huge Profits Drop ; Retail

Birmingham Post › December 20, 2007

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Summary

Sports World retailer Sports Direct International yesterday revealed a near 70 per cent drop in profits.

Half year profits at the business, which was floated by tycoon Mike Ashley earlier this year, were pounds 21.2 million, down from pounds 70.1 million last year.

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Extract

New Blow As Sports Direct Reveals Huge Profits Drop ; Retail

The 462-store business, which owns some of Britain's most popular sports brands including Slazenger, Dunlop and Kangol, said group revenues were dow...

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