Frasers Group
This coverage explores Frasers Group’s business strategy, acquisitions, and performance within the UK retail sector. Reporting focuses on store portfolio developments, financial results, brand management, leadership decisions, and expansion across sports, fashion, and lifestyle retail. Tailored for industry professionals, it offers analysis of commercial moves and competitive positioning relevant to executives overseeing multi-brand and omnichannel operations.
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Nov- 2023 -17 NovemberNews
Today’s news in brief-17/11/23
HMV is set to make a comeback at its historic Oxford Street location, reopening on November 24, four years after the flagship store closed. The store at 363 Oxford Street, the site of the first HMV store in 1921, will create over 70 new jobs. The refurbished flagship will serve…
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17 NovemberClothing & Shoes
Frasers Group opens multi-fascia store at Gateshead Metrocentre
Frasers Group has opened the doors to Sports Direct’s brand new 50,000 sq.ft multi-fascia store in Metrocentre, Gateshead including USC, Evans Cycles, and Game. Sports Direct’s new store offers specialist sporting areas for running, football, and outdoor, across men’s, women’s and kidswear, and brings Sports Direct’s Running Concept to customers.…
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17 NovemberNews
Halfords joins bid to rescue Wiggle
Halfords is reportedly among a group of retailers expressing interest in buying online sports retailer Wiggle, Sky News has reported. The retailer is said to have put up a bid to snap up Wiggle, joining Frasers Group, the owner of Sports Direct and Evans Cycles. Next is also believed to…
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7 NovemberNews
Today’s news in brief-7/11/23
Fast fashion brand Shein has reportedly expressed interest in acquiring Topshop. This comes shortly after the acquisition of Missguided and its intellectual property rights from Frasers Group. Asos, the current owner of Topshop, has been considering selling the brand to bolster its financials following a significant loss of nearly £300m…
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7 NovemberClothing & Shoes
Shein eyes Topshop move
Fast fashion brand Shein has reportedly formally registered its interest in making an offer for Topshop, The Times has reported. The news comes right after the company acquired Missguided and its intellectual property rights from Frasers Group last week for an undisclosed amount. Topshop was acquired by Asos for £330m…
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3 NovemberNews
PrettyLittleThing founder posts interest in Topshop deal
PrettyLittleThing founder Umar Kamani has expressed his interest in buying TopShop from Asos. Commenting on X (FKA Twitter) on a report regarding the possible sale from Asos, Kamani wrote: “I would buy this and bring it back like the good old days.. rockin and rollin.” Kamani is a member of…
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Oct- 2023 -30 OctoberNews
Today’s news in brief-30/10/23
Shein has acquired the Missguided brand from Frasers Group. This move will make Missguided products and collections available to Shein’s 150 million global users through both Shein and Missguided’s websites. Additionally, Shein has entered into an agreement to licence the Missguided brand’s intellectual property to SUMWON Studios, a joint venture…
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30 OctoberNews
Asos considers sale of Topshop brand
British online fashion retailer Asos is considering the sale of Topshop after buying the brand less than three years ago, Sky News has reported. The online giant is understood to be at the early stages of a process which could see it offload what was once one of the most…
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30 OctoberDepartment Stores
Frasers mulls rescue of Wiggle after collapse
Frasers is mulling over rescuing online bike retailer Wiggle after it collapsed into administration earlier last week, Sky News has reported. According to Sky, the retailer, best known for its Sports Direct chain, is one of a few other groups looking to rescue WiggleCRC. WiggleCRC, which includes Wiggle, Chain Reaction…
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30 OctoberClothing & Shoes
Shein acquires Missguided brand from Frasers
Shein has acquired the Missguided brand from Frasers Group. Following the move, Missguided products and collections will be made available to Shein’s 150 million global users as an independent brand via Shein sites, as well as on Missguided.com. Shein also confirmed that it has entered into an agreement to licence…
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