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.
-
Nov- 2020 -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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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)…
Read More » -
26 OctoberDepartment Stores
Debenhams bidders given midweek deadline for £300m rescue deal
Potential suitors for the embattled department store chain Debenhams have been given a midweek deadline to make a £300m rescue bid or walk away. According to the Sunday Times, bidders, which include Mike Ashley’s Frasers Group, have been told to make a binding commitment by the end of Wednesday by…
Read More » -
26 OctoberHigh Street
Mike Ashley considers Jaeger bid
Mike Ashley’s Frasers Group is reportedly considering the acquisition of “heritage” fashion brands Jaeger, Austin Reed and Jacques Vert from Edinburgh Woolen Mill (EWM) Group, according to The Sunday Times. Phillip Day’s retail group has struggled in recent months, shutting down 50 stores last week, as part of its administration…
Read More » -
8 OctoberClothing & Shoes
Frasers Group investors back £100m bonus scheme
Investors in Mike Ashley’s Frasers Group have overwhelmingly voted in favour of a new £100m staff reward plan at the company’s AGM meeting yesterday (7 October). Results revealed on the group’s investor page show that 99.97% of shareholders voted in favour of the company’s new ‘All-Employee Omnibus Plan’ that could…
Read More » -
Sep- 2020 -24 SeptemberDepartment Stores
Richest man in India interested in Debenhams acquisition
India’s richest man is reportedly one of the parties interested in making a bid to acquire Debenhams, according to Sky News. Ambani is the chairman and largest shareholder in Resilience Industries, the parent company of Reliance Retail which owns British toy retailer Hamleys. A number of parties, including Next and…
Read More »
