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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May- 2023 -23 MayNews
Frasers launches bid to acquire ProBikeKit
Frasers Group is in talks to buy cycling goods specialist ProBikeKit, according to Sky News. Mike Ashley’s retail group is reportedly set to acquire the stock and IP assets of the cycling retailer from THG, the beauty and nutrition online company. In April, THG revealed that following a strategic review…
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16 MayNews
Frasers Group considers sale of Pretty Green
Frasers Group is recently considering selling Liam Gallagher’s fashion brand Pretty Green, Drapers has revealed. The company was part of the brands acquired by Frasers from JD Sports in December 2022. The other brands part of the acquisition included Base Childrenswear, Choice, Clothingsites, Cricket, Giulio, Kids Cavern, Missy Empire, Nicholas…
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15 MaySport & Leisure
Sports Direct opens new store at Braehead Centre
Sports Direct is set to open a new store in the Braehead Centre. The brand will relocate and upsize from its existing store in the retail park to a new 20,000 sq. ft store on the upper level of the main centre. The new store will feature the “best brands”…
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Apr- 2023 -27 AprilDepartment Stores
Frasers Group to unveil own version of Amazon Prime
Michael Murray, the chief executive of Frasers Group, has revealed at this year’s World Retail Congress in Barcelona that the group will be unveiling its own version of Amazon Prime, Retail Week has reported. The new membership scheme, which will be called ‘Frasers Plus’, would be a membership programme and…
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6 AprilLuxury Goods
Cerruti 1881 and Kent and Curwen acquired for £83m
Biem.L.Fdlkk Garment, a Chinese golf clothing brand, has acquired French fashion label Cerruti 1881 and British menswear brand Kent and Curwen for a total of €95m (£83m), according to WWD coverage. It is reported that the Chinese manufacturer paid the equivalent of £50m for the trademark rights of Cerruti 1881…
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Mar- 2023 -23 MarchNews
Frasers to open third Sports Direct flagship in Manchester
Frasers Group is opening a third Sports Direct flagship store in Manchester’s Arndale Centre on 24 March. Set across five floors, the store will comprise sport, leisure, e-sports and fashion clothing across 50,000 sq ft. This will be the retailer’s most elevated concept store yet. Some dedicated interactive areas will…
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1 MarchClothing & Shoes
Frasers seeks discounts from suppliers amid JD acquisitions
Frasers Group is reportedly seeking discounts on outstanding payments and spring/summer orders from its suppliers, Drapers has reported. According to reports, it is asking the suppliers of its recently acquired brands for a 10% discount off outstanding payments and a 20% discount off ordered goods for the spring/summer 2023 season.…
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Feb- 2023 -8 FebruaryClothing & Shoes
Frasers completes acquisition of five JD Sports fashion brands
Frasers Group has revealed it has completed the acquisition of five premium fashion brands from JD Sports as part of a deal announced in December of last year. The £47.5m deal with its rival already saw Frasers agree to acquire a total of 15 fashion brands, with eight already having…
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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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Jan- 2023 -30 JanuaryClothing & Shoes
Frasers Group increases N Brown stake
The Frasers Group has increased its shareholding in clothing and footwear retailer N Brown to become its second largest shareholder. The Sports Direct owner has increased its holdings in the company up to 17.88% according to LSE filings. This move makes Frasers the second largest shareholder in the company after…
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