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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Mar- 2025 -26 MarchNews-In-Brief
Today’s news in brief-26/3/25
John Lewis is close to securing approval for its housing project in Reading, transforming a former customer collection facility into 215 homes, including 49% family-sized units and 10% affordable rentals. The development, featuring shared workspaces, a gym, and communal areas, is part of an £80m investment in rental housing. A…
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26 MarchElectrical
Frasers ups stake in AO World to 25%
Mike Ashley’s Frasers Group has revealed it has increased its stake in fashion retailer Brown to 25.01%, according to the latest holding documents filed by the company. It now holds 145,148,997 voting rights in the company. The news comes as the electrical retailer AO raised its full-year forecast to between…
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26 MarchClothing & Shoes
Frasers expands Sports Direct in Southeast Asia and India
Frasers Group has announced the expansion of its existing partnership with MAP Active to launch Sports Direct in five new markets across Southeast Asia and India. The retailer will utilise MAP Active’s infrastructure, local expertise and distributed brands to position Sports Direct as the premier sports retailer in the region. …
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24 MarchNews-In-Brief
Today’s news in brief-24/3/25
Harrods is nearing the finalisation of compensation payments for victims of sexual abuse by its former owner, Mohamed al Fayed, who died in 2023. According to draft terms seen by Sky News, some claimants could receive over £300k, depending on whether they opt for a psychiatric assessment. Those choosing the…
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19 MarchClothing & Shoes
Frasers renews bid for Norwegian sports retailer XXL
Frasers Group has confirmed it intends to make a mandatory offer for Norwegian sporting goods retailer XXL ASA, despite withdrawing its offer to buy more shares in the group only last month. Frasers has now been allocated 21,637,943 of shares of XXL’s rights issue, while 777,289 shares will be issued as…
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Feb- 2025 -26 FebruaryClothing & Shoes
Sports Direct launches new membership scheme
Frasers Group has announced the launch of a new membership scheme for Sports Direct, with a benefit-based programme designed to “reward loyal customers with exclusive benefits, personalised offers and a seamless omnichannel experience”. The retailer said members will receive tailored rewards and offers, available both in-store and online at Sports Direct…
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21 FebruaryNews-In-Brief
Today’s news in brief-21/2/25
UK retail sales saw a 1.7% rise in January 2025, driven primarily by a 5.6% surge in food sales, the largest monthly increase since March 2020, according to the Office for National Statistics (ONS). Despite this rebound, sales volumes over the three months to January fell by 0.6% compared to…
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21 FebruarySport & Leisure
Frasers Group withdraws offer for Norway’s XXL ASA
Frasers Group has announced that it will not proceed with its intended voluntary offer for the shares in Norwegian sporting goods retailer XXL ASA at NOK 10 per share, which valued the company’s fully diluted share capital at NOK 246,357,450 (£17.45m). News comes after Frasers initially revealed its voluntary offer…
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12 FebruaryNews-In-Brief
Today’s news in brief-12/2/25
Kering, the luxury conglomerate behind Gucci, Yves Saint Laurent, and Bottega Veneta, reported a challenging fiscal 2024, with revenue falling 12% to €17.2 billion (£14.3 billion) and EBITDA plummeting 29% to €4.6 billion (£3.8 billion). Gucci’s 23% sales decline to €7.65 billion (£6.37 billion) significantly impacted the group, alongside a…
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12 FebruaryClothing & Shoes
Joshua Alliance completes £191m N Brown takeover
N Brown Group’s non-executive director and fourth-largest shareholder, Joshua Alliance, has announced the completion of the group’s £191m acquisition. News of the deal will see the Alliance family, which already held a controlling stake, take the Jacamo and Simply Be owner private. The cash acquisition was initially approved in October…
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