Dave Forsey news and archive

Mike Ashley loses "right arm" as he is named CEO of Sports Direct

London - Billionaire Mike Ashley has been named the Chief Executive Officer of his own sportswear company Sports Direct, following the resignation of former CEO Dave Forsey. The move sees Ashley taking up the reins at Sports Direct with immediate effect as the UK's largest retailer struggles with declining profits and accusastions of improper...

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Sports Direct CEO steps down from holding company following criminal charges

Chief Executive Officer at Sports Direct, Dave Forsey, has stepped down from his role as company secretary of Mash Holdings, Mike Ashley's holding company, days before he is set to appear in court to face criminal charges related to the collapse of fashion retailer UCS. Forsey stands accused of failing to notify authorities of plans to fire...

Fashion

Sports Direct chides shareholders for rejecting founder's bonus scheme

Sports Direct has openly castigated its shareholders for not backing the supplemental executive bonus share scheme, which would have granted its founder Mike Ashley roughly 73 million pounds worth of shares. Last month UK's largest sporting goods retailer called for a shareholders meeting to discuss the implementation of the bonus scheme to...