Sports Direct is to enter the Australian and New Zealand markets for the first time after signing a partnership with online discount retailer MySale.

Sports Direct is to hand its founder Mike Ashley a shares windfall worth a potential £65 million – as long as the retailer keeps up its rapid growth.

Sports World owner Sports Direct International today raised its annual earnings forecast after enjoying a jump in sales during the summer.

Sports Direct billionaire Mike Ashley is expanding his empire into China under a deal announced today to sell the company’s brands in the Far East.

UK entrepreneur Mike Ashley was poised for an £800m (€1.2bn) windfall today after announcing plans for the flotation of his Sports World retail empire.