Mike Ashley adds Sofa.com to his high street empire

Sports Direct founder wins control of furniture retailerThe Sports Direct founder, Mike Ashley, has added the online retailer Sofa.com to his rapidly expanding high street empire, which now encompasses sportswear, department stores and furniture.Ashley saw off competition from the stock market-listed furniture specialist ScS Group to win control of Sofa.com. He is trying to turn around the loss-making House of Fraser chain; the Sofa.com brand is already sold in eight stores. Continue reading...