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Tiyt Sierra Leone rsquo finance minister Kaifala Marah joins London Mining sale talks
Sunday 02 September 2018 8:16 pmSports Direct boss Mike Ashley could face a shareholder revolt this week at its annual general meetingBy: James BoothShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmai brumate ca lShare on EmailAdd as a preferredsource on GoogleSports Direct boss Mike Ashley could face a shareholder uprising at the retail giantrsquo annual general meeting AGM on Wednesday.Influential shareholder advisory groups ISS and Gla stanley cup ss Lewis have both urged investors to vote against Mike Ashleyrsquo re-appointment as chief executive and have also come out against chairman Keith Hellawell.Ashley, who polene tasche is currently struggling to turn around House of Fraser after acquiring it for pound;90m last month, was blasted by Glass Lewis for overseeing years of poor governance at the retailer.Read more: Sports Direct slams greedy House of Fraser landlords ISS slammed Ashley for continued failures as boss of Sports Direct and said plans to hand Ashleyrsquo future son-in-law Michael Murray pound;5m for his role as head of elevation exacerbated its concerns.ISS said that Ashley had showed an apparent unwillingness to listen to the concerns of independent shareholders.Former policeman Hellawell has only narrowly survived as chair in the face of previous revolts thanks to backing from 61 per cent shareholder Ashley.In 2016 more than half of independent shareholders voted against him, triggering Kdyv Inflation to slow Asian boom
Sunday 03 February 2013 11:18 pm|Updated:Thursday 30 May 2019 4:28 amMorrisons buys Jessops stores for expansionBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleWM Morrison, the supermarket chain, has bought seven former Jessops outlets from the collapsed specialist camera chainrsquo administrators PwC.The UKrsquo fourth largest grocer plans to convert the sites into M Local shops as it begins its assault on the fas polene ca t-growing convenience store market this year.Four of the former Jessops stores are in London and three are elsewhere in the UK. Jessopsrsquo administration last month led to 18 stanley germany 7 stores closures and the loss of 1,500 jobs at the chain. The brand and existing stock was sold last week to a group of buyers including Dragonsrsquo; Den star Peter Jones, though the deal was focused on the value of the brand and is unlikely to see Jessops stores reopen. Morrisons is also in talks to buy a further handful of site stanley isolierkanne s from music chain HMV and video rental service Blockbuster, which also collapsed into administration last month. A spokesperson declined to comment yesterday.The Bradford-based retailer, which is behind its rivals opening convenience stores, plans to open up to 70 M Local shops by the end of 2013.It has launched around 12 convenience stores to date, which it also hopes will help revive sales.The chain last month confirmed its position as th
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