Frasers

Today’s news in breif-13/8/24

UK wage growth has fallen to a two-year low, with wages excluding bonuses growing by 5.4% in the three months…

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Frasers Group non-exec director steps down

Frasers Group has announced that non-executive director David Brayshaw has retired from its board, effective from yesterday (12 August). Brayshaw was…

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Frasers Group hits top end of FY24 guidance

Frasers Group has reported that its adjusted profits-before-tax rose 13.1% to £544.8m for the year ended 28 April, hitting the…

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Today’s news in brief-11/7/24

The UK economy surpassed expectations with a 0.4% GDP growth in May 2024, boosted by improved weather conditions. The services…

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Frasers Group further increases stake in Hugo Boss

Frasers Group has announced that it has upped its investment in Hugo Boss, increasing its overall stake from €360m (c.…

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Today’s news in brief-1/7/24

Several firms, including Gordon Brothers led by Mark Newton-Jones, are bidding to rescue The Body Shop’s UK business after its…

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Frasers in talks to acquire Princesshay shopping centre

The Mike Ashley’s Frasers Group is reportedly in talks with Crown Estate to acquire Princesshay shopping centre in Exeter, according…

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THG re-elects chair despite small shareholder revolt

THG has re-elected its chair Lord Charles Allen with just 9.25% voting against his re-election despite vocal opposition. Kelso Group,…

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Today’s news in brief-24/6/24

Shein’s plans for a £50bn flotation in London are under threat due to mounting concerns from Chinese officials over negative…

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Frasers acquires Coggles amid multi-year THG partnership

Frasers Group has announced it has agreed a multi-year partnership with THG which includes Frasers acquiring THG’s luxury brands business…

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