Sports Direct steps up sales growth

Mike Ashley's sportswear empire posted a 21% jump in retail sales as his grip on the market strengthened in the wake of rival JJB's collapse.

Sports Direct, which is controlled by Newcastle United owner Mr Ashley, racked up £495.8 million in sales from its revamped online operation and estate of some 400 stores in the 13 weeks to January 27, helping the division's gross profits rise 23% to £203.7 million.
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