Tuesday , June 25 2019
Home / FT Alphaville / Mike Ashley is the plain-speaking business hero we need

Mike Ashley is the plain-speaking business hero we need

Summary:
Mike Ashley, the football loving, fireplace-vomiting, retailing genius can credibly claim to be the UK's answer to Jeff Bezos. The share price of his company, Sports Direct, has gone in the wrong direction in recent years, but he is one of very few large-scale entrepreneurs committed to experiments in selling objects from places customers can visit.Meanwhile competitors continue to die or, in the case of department store chain Debenhams, do a creditable impersonation of a person sweating and swaying as they explain how they are perfectly fine and have no need of a doctor. Which brings us to Thursday's masterpiece of pointed business communication:EXCLUSIVE: here’s the letter Mike Ashley sent Debenhams boss pic.twitter.com/a0B7kxFqhY— Ashley Armstrong (@AArmstrong_says) December 13, 2018It

Topics:
FT Alphaville considers the following as important:

This could be interesting, too:

Miles Kimball writes Data on Asian Genes that Discourage Alcohol Consumption Explode the Myth that a Little Alcohol is Good for your Health

Bradford DeLong writes Weekend Reading: John Maynard Keynes (1937): How to Avoid a Slump

Eric Crampton writes Bailout risk and deposit insurance

Paul Krugman writes Self-Inflicted Medical Misery

Mike Ashley, the football loving, fireplace-

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *