Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Frasers eyes new Midlands global HQ

Frasers eyes new Midlands global HQ

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

Sports Direct could quit its current Derbyshire headquarters amid plans from its parent company Frasers to create a new global HQ in the West Midlands, according to the BBC.

The Shirebrook site was sold in 2019 but Sports Direct’s lease runs to 2034. The group, which also runs Flannels and USC among several other brands, has outlined plans for a massive development by Junction 2 of the M6 on the edge of Coventry.

Planning documents sent to Rugby Borough Council set out its aim to build a multi-million pound distribution hub with a new head office, retail space, a hotel, restaurant and conference facilities. The documents say, subject to planning permission being granted, the construction of the new West Midlands base could be complete by 2029.

A Frasers Group spokesperson said: “To accelerate the business’ growth and support our future, we are exploring options for a potential new site.The proposals remain subject to a planning process and, if approved, would take a significant number of years to complete.

“The current headquarters in Shirebrook has a lease that runs until 2034.”

Fraser’s Group has been contacted for comment.

Previous Post
JD Sports CFO to step down next year

JD Sports CFO to step down next year

Next Post
MySale asks shareholders to accept Frasers offer

MySale asks shareholders to accept Frasers offer