Flannels
This coverage explores Flannels’ development and strategy within the UK retail landscape. Reporting highlights store openings, brand curation, marketing initiatives, collaborations, and leadership changes — all analysed for their impact on luxury and premium retail operations, market share, and customer experience. The content supports retail managers, brand executives, and professionals working across fashion and lifestyle retail.
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Feb- 2023 -6 FebruaryNews
Mike Ashley eyes two shopping centres in £100m deal
Mike Ashley has lined up a £100m acquisition of two shopping centres, according to The Times. Frasers Group is in advanced talks to buy the Overgate centre in Dundee for £30m, along with The Mall in Luton in a £70m deal. The Overgate centre is currently owned by Legal and…
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Dec- 2022 -20 DecemberClothing & Shoes
Flannels joins rental market with Hurr partnership
Flannels has announced the launch of its new rental strategy, in partnership with rental platform Hurr. It has revealed that customers will be able to rent out items for a period of 4, 8, 10 and 20 days directly from its online store. This will be followed by the launch…
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8 DecemberDepartment Stores
Acquisitions boost Frasers profits by 53%
Frasers has welcomed a strong performance in its half-year results, with pre-tax profits soaring 53% to £284.6m, as sales were boosted by a series of acquisitions over the period. Total revenues across the group rose by 12.7% to £2.6bn in the period ended 23 October 2022, as the group continued…
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2 DecemberDepartment Stores
Frasers Group acquires Amara
Frasers Group CEO Michael Murray has confirmed that the group has acquired Amara, a luxury homewares brand, as it looks to “build on its ambition” of creating a “credible homeware destination” for Flannels. In a statement on Linkedin, Murray said: “I am pleased to announce, we have acquired Amara.com, a…
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Oct- 2022 -20 OctoberNews
Frasers Group pledges to go fur-free
Frasers Group, owner of House of Fraser, Flannels and Sports Direct, has announced it has immediately informed its suppliers it will stop purchasing fur products, a move that will take effect on shop shelves this coming season (Autumn/Winter 2023). The global commitment was announced by Frasers Group chief executive Michael…
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13 OctoberNews
Frasers eyes new Midlands global HQ
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…
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Aug- 2022 -23 AugustHigh Street
Frasers to open 3 new Flannels flagship stores
Frasers Group has announced plans for three more Flannels flagship stores, which will see it open stores in Leeds, Cardiff, and Gateshead all upwards of 80,000 sq. ft in size. The announcement closely follows the opening of Flannels’ Liverpool flagship, which is the largest store opening to date and, largest…
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Jul- 2022 -21 JulyNews
Frasers Group swings to profit but warns of economic headwinds
Frasers Group has reported a “record-breaking” year with pre-tax profits surging to £344.8m in FY22, up from a loss of £39.9m in FY21, despite “significant” economic headwinds and challenges across the sector. Group revenues also increased 30.9% year-on-year from £3.62bn to £4.74bn, as the company recovers from Covid-19. However, Frasers…
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Jun- 2022 -23 JuneHigh Street
Flannels opens doors to first Liverpool flagship
Flannels has opened the doors to its first store in Liverpool today (23 June), bringing its fashion beauty and wellness experience to the North of England and marking the biggest investment through any Flannels (and Frasers Group plc) store yet. Set across seven floors and 120,000 square feet, the flagship…
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17 JuneClothing & Shoes
Braehead announces new Flannels store opening
Braehead, the retail and leisure destination located in Glasgow and owned by property company SGS, has announced the opening of a new Flannels store. The luxury fashion retailer, owned by Frasers Group plc, has taken on a 10,000 sq ft unit and has committed to a long-term lease. Steve Gray,…
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