Department store chain hopes for a life raft from existing lenders.
Ashley would plant himself on the board, and step down as CEO of Sports Direct.
Department store takes first step in refinancing process.
Struggling department store faces board shake-up after sales drop.
The department store’s largest shareholder laid siege to the board and is urging shareholders to vote out the directors.
CEO: “It has been a tough year for retail in 2018.”
British department store suffers from slower trading and one off costs.
Investigation into “accounting irregularities” continues as chief restructuring officer appointed.
South African-headquartered, Frankfurt-listed retailer continues to battle multiple accounting investigations.
Looking back at what made headlines this week.