The retailer provides an update on its mandatory offer for Norwegian sports retailer XXL ASA, indicating it is acquiring a business in distress that will require collaborative efforts to stabilize.
The retailer's CEO has joined the supervisory board of a major fashion brand, strengthening the companies' partnership.
The retailer has completed the acquisition of Holdsport, a major South African sports and outdoor goods business, though the financial impact remains unclear.
The retailer announces a long-term strategic partnership to expand its Sports Direct brand in Australia and New Zealand, with plans to open up to 100 stores in the region.
The retailer has increased its strategic investment in luxury fashion brand Hugo Boss, acquiring additional shares and put options.
The retailer is expanding its Sports Direct brand into five new markets in Southeast Asia and India through a partnership with a regional operator.
The retailer announces plans to make a mandatory offer for the remaining shares in Norwegian sports retailer XXL ASA that it does not already own.
The retailer has announced a 10-year strategic partnership with GMG to expand its Sports Direct brand in the Gulf and Egypt, targeting 50 new store openings over the next 5 years.
The retailer will not be acquiring Norwegian sports retailer XXL ASA as planned, citing insufficient shareholder acceptance for the offer.
Retail group Frasers raises concerns about leadership at boohoo, but no direct impact on its own business.