Under-fire Sports Direct to recruit

Sports Direct is searching for its first head of investor relations as it attempts to dampen criticism of its media and investor handling.

The retailer has also expanded the brief of its financial agency. FD has assumed an investor relations brief for the company, which listed earlier this year on the London Stock Exchange for ­almost £1bn.

‘On the basis that the search is ongoing and the new starter will be unlikely to begin immediately, our brief has been expanded,’ said FD consumer industries MD Andrew Dowler.

Sports Direct shares fell almost 25 per cent on Tuesday when the firm issued a profit warning at its first ­major results since flotation.

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