pete 2,499 Posted July 16, 2015 Share Posted July 16, 2015 (edited) GARETH MACKIE 07:58Thursday 16 July 2015 Sportswear retailer Sports Direct has overcome England’s early departure from the World Cup to deliver a 15.7 per cent jump in annual profits. The chain, controlled by Newcastle United owner Mike Ashley, also said about 2,000 staff are in line for a slice of bonus share awards totalling about £36.7 million after the group hit its earnings targets. Underlying profits came in at £383.2m for the year to 26 April, up from £331.1 a year earlier. Revenues grew 4.7 per cent to £2.8 billion, despite footfall being hit by the unseasonably mild autumn weather. Chief executive Dave Forsey said: “Trading since the period end has been in line with management expectations and will continue to be driven by improvements in product range and availability, optimisation of both our in-store and web offerings, the introduction of click and collect in the UK and further investment in our store portfolio.” http://www.scotsman.com/business/retail/sports-direct-profit-up-15-7-despite-world-cup-woes-1-3832022 I hope Ashleys next shit is a hedgehog!!!! Edited July 16, 2015 by pete 0 Quote Link to post Share on other sites More sharing options...
Bearman 9 Posted July 16, 2015 Share Posted July 16, 2015 Yes his SD company is doing very well but in comparison sales of Rangers shirts will have bombed so he should just rip up that contract and move on to enjoying his success instead of holding on to it through sheer spite. 0 Quote Link to post Share on other sites More sharing options...
gisabeer 409 Posted July 17, 2015 Share Posted July 17, 2015 For some reason he is going out of his way to financialy damage us. It doesnt make good business sense to continue with the contract but he does so anyway. Theres a hidden agenda here, of that im sure. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted July 17, 2015 Author Share Posted July 17, 2015 (edited) For some reason he is going out of his way to financialy damage us. It doesnt make good business sense to continue with the contract but he does so anyway. Theres a hidden agenda here, of that im sure. He has just made 383mill profits. Do you really think he gives a shit about that wee bit of Rangers? I think he just thinks I will wait them out Rangers need the money more than I do. Plus the fact do Rangers not pay for unsold strips? Edited July 17, 2015 by pete 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted July 17, 2015 Share Posted July 17, 2015 He has just made 383mill profits. Do you really think he gives a shit about that wee bit of Rangers? I think he just thinks I will wait them out Rangers need the money more than I do. Plus the fact do Rangers not pay for unsold strips? think we can order smaller runs on strips, meaning we buy back fewre unsold items. 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted July 17, 2015 Author Share Posted July 17, 2015 think we can order smaller runs on strips, meaning we buy back fewre unsold items. Still means that Ashely is not really losing anything so he can hold on for 7 years if he wants. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted July 17, 2015 Share Posted July 17, 2015 For some reason he is going out of his way to financialy damage us. It doesnt make good business sense to continue with the contract but he does so anyway. Theres a hidden agenda here, of that im sure. It reminds me of the expression "there is no such thing as bad publicity". 0 Quote Link to post Share on other sites More sharing options...
pete 2,499 Posted July 17, 2015 Author Share Posted July 17, 2015 could be but other clubs must look at Newcastle and Rangers and think F that for a game of sodjers. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted July 18, 2015 Share Posted July 18, 2015 (edited) could be but other clubs must look at Newcastle and Rangers and think F that for a game of sodjers. Aye, but I wasn't referring to what other Clubs must think about it pete, I was referring to the fact that Sports Direct have managed to increase their profits by such a large margin despite all of the bad publicity they're getting from Rangers, Newcastle and also their ongoing bad publicity from using zero hour contracts. I'm suggesting that maybe all of the bad publicity is actually helping them because if their company name is in newspapers across the UK every other day, then they're obviously getting A LOT of free advertising. And we all know that Ashley & Sports Direct LOVE free advertising. Edited July 18, 2015 by Zappa 0 Quote Link to post Share on other sites More sharing options...
colinstein 294 Posted July 18, 2015 Share Posted July 18, 2015 Tell that to Gerald Ratner 0 Quote Link to post Share on other sites More sharing options...
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