LONDON Dec 8 Sports Direct reported a
57 percent slump in first-half profit, capping a calamitous
period in which it has come under fire for the treatment of
workers and was left badly exposed by the fall in the value of
the pound after the Brexit vote.
The British sports retailer said on Thursday that underlying
profit before tax fell to 71.6 million pounds in the 26 weeks to
Oct 23. Group revenue increased by 4.2 percent on a currency
Chief executive and founder Mike Ashley said the last six
months had "been tough for our people and performance".
(Reporting by Paul Sandle, editing by James Davey)