78
Fashion Jobs
BEIERSDORF
Sales Representative North Greece (Based in Thessaloniki)
Permanent · ATHENS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · THESSALONIKI
L'OREAL GROUP
Senior Product Manager Maybelline – Consumer Products Division
Permanent · NEA IONIA
CLINIQUE
Consumer Marketing Manager, Clinique
Permanent · ATHENS
LA MER
Consumer Marketing Executive, LA Mer
Permanent · ATHENS
TOM FORD
Consumer Marketing Manager Tom Ford
Permanent · ATHENS
360 TALENT LONDON
Store Manager - Astir Marina, Vouliagmenis
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · CHALANDRI
ESTÉE LAUDER COMPANIES
Fixed Assets & Decorations Supervisor
Permanent · ATHENS
SEPHORA
Accounting
Permanent · ATHENS
SEPHORA
Category Specialist
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Mare West) - Μερική Απασχόληση
Permanent ·
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · PIRAEUS
H&M
Hiring Day Chania - Sales Advisors
Permanent · CHANIA
MAD LORDS
Sales Assistant Scorpios Mykonos
Fixed-term · MYKONOS
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · MAROUSI
FOOT LOCKER
Συνεργάτης Πωλήσεων
Permanent · ATHENS
H&M
Σύμβουλος Πωλήσεων (Metro Mall) - Μερική Απασχόληση
Permanent · AGIOS DIMITRIOS
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · KALAMATA
H&M
Σύμβουλος Πωλήσεων - Μερική Απασχόληση
Permanent · NEA IONIA
GUESS
Sales Advisor (Greece)
Permanent · ATHENS
BEIERSDORF
Junior Pos Materials & Execution Specialist (Temp Position)
Fixed-term · ATHENS
Published
May 21, 2019
Download
Download the article
Print
Text size

Sports Direct exits MySale stake in latest bad investment for Mike Ashley

Published
May 21, 2019

Mike Ashley-led Sports Direct International has exited its stake in Australian online retailer MySale Group, a filing showed on Monday.


Reuters


The move will be a disappointment for Ashley with MySale shares at a low compared to the price paid.

Sports Direct has spent several years making strategic acquisitions in smaller players in the sector, as well as big names. This has concerned some shareholders in the firm with its almost-30% stake in Debenhams, for instance, having been wiped out after an outlay of tens of millions of pounds.

It’s unclear exactly how much it paid for its 4.8% MySale stake but it would have acquired the shares when they were trading at a much higher price than Monday’s closing price. They actually started trading on the London Stock Exchange almost five years ago at 229p, which means the stake would have been worth around £15 million. But they closed Monday at a paltry 7p after a series of disappointing sets of results and updates.

Sports Direct had been MySale's fourth largest shareholder at one point and it didn’t say how much it raised with the share sale.

Copyright © 2024 FashionNetwork.com All rights reserved.