Do you have a story to share with Retail Sector readers?

Submit here
Advertisement
News

Frasers eyes new Midlands global HQ

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

Register to get 1 free article

Reveal the article below by registering for our email newsletter.

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.

Check out our weekly podcast: 'Talking Shop by Retail Sector'

Back to top button
Secret Link