Sports Direct: Health warning

For a group that sells sportswear, Sports Direct looks pretty out of shape. The retail group only floated in February. Since then, it has all but stopped talking to investors, booted out its public relations firm and been given a lukewarm «hold» rating by Citigroup, one of the banks that floated it. With the shares roughly 25% below their IPO price, investors are left wondering whether Sports Direct was ever really fit for the public market. The latest red flag is a profit warning - or at least...