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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Dec- 2020 -10 DecemberSport & Leisure
Frasers Group reports 30% rise in half-year profits
Frasers Group has reported a 29.1% surge in after-tax profit to £84m in the 26 weeks to 25 October. The Mike Ashley-owned retail group said lockdown closures across its non-essential stores have resulted in a 7.4% drop in group revenue to £1.9bn. Over this period, Frasers Group’s sport retail business…
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8 DecemberOnline & Digital
Studio exploring sale options as profits surge 52%
Studio Retail Group (SRG) has announced it is exploring sales options after seeing half-year profits increase 52% to £17.7m. For the 26-week period ending 25 September, Studio revealed that profits were boosted by a 17% increase in revenues to £268m up from £228.7m in 2019. It also revealed its active…
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7 DecemberDepartment Stores
Frasers Group in Debenhams takeover talks
Mike Ashley’s Frasers Group has entered discussions involving a possible takeover of Debenhams, the group confirmed today. It comes as Debenhams collapsed into administration last week, placing 12,000 jobs at risk, after talks with JD Sports over a potential rescue deal failed. The department store chain will continue to trade…
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Nov- 2020 -30 NovemberClothing & Shoes
Frasers Group offers £50m to Arcadia Group
Frasers Group has confirmed that it has offered Arcadia Group a rescue loan of up to £50m, amid news that Sir Philip Green’s empire is on the brink of collapse. The retail group may reportedly decline the offer, however, as a senior Arcadia Group source told the BBC: “If this…
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24 NovemberDepartment Stores
JD Sports enters Debenhams takeover talks
JD Sports has reportedly entered into talks with advisors regarding a deal which would see the sportswear company take full control of Debenhams. According to the Telegraph, the retailer is interested in purchasing the entire department store shop estate, but is not looking to convert the outlets into JD Sport…
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20 NovemberClothing & Shoes
Jaeger and Peacocks fall into administration, 4,700 jobs at risk
Jaeger and Peacocks have fallen into administration, placing 4,700 jobs at risk. It comes as owner EWM Group failed to secure a buyer for the brands before a set deadline, despite “constructive discussions” with buyers in recent weeks. Tony Wright and Alastair Massey, partners at FRP Advisory, have been appointed…
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9 NovemberHigh Street
Frasers Group claims to have been ‘frozen out’ of EWM bid
Mike Ashley’s Frasers Group has reportedly claimed it has been “frozen out” of the auction to acquire three brands from the recently collapsed Edinburgh Woollen Mill Group. According to The Telegraph, Frasers Group “expressed interest”, in the purchasing of Jaeger, Peacocks and Edinburgh Woollen Mill, however it claims consultants at…
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4 NovemberClothing & Shoes
Frasers Group increases stake in Mulberry to 29.7%
Frasers Group has more than doubled its stake in Mulberry, the luxury fashion company, from 12.5% to 29.7%. Mike Ashley’s retail group had bought its first set of shares in the firm in February of this year for almost £19m. At the time, Frasers said the move was part of…
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Oct- 2020 -29 OctoberHigh Street
Frasers Group to open new ‘game-changing’ multi-brand store
Mike Ashley’s Frasers Group, is set to open a brand new multi-fascia store in Portsmouth this weekend, as part of the group’s ongoing elevation programme. The new 51,000 sq. ft store, situated in the Cascades Shopping centre, will feature the brand’s new “premium design”. It is the very first multi-destination…
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27 OctoberClothing & Shoes
EWM begins shuttering small number of stores
The Edinburgh Woollen Mill Group (EWM) has reportedly already marked a small number of stores for closure as it continues to try and secure its future amid the coronavirus pandemic. According to Drapers, EWM branded stores in Penrith, Cumbria and Dingwall in Scotland closed permanently over the weekend (24-25 October)…
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