Frasers

Ted Baker US licence partner eyes UK arm

Ted Baker’s American licensing partner OSL has reportedly emerged as the frontrunner to take over the brand’s collapsed UK operation,…

Read More »

Next and Frasers Group mulls bid for Ted Baker

Mike Ashley’s Frasers Group and Next have expressed interest in acquiring Ted Baker, according to the Times. The news comes…

Read More »

Today’s news in brief-2/4/24

Superdry CEO Julian Dunkerton’s plans for a takeover have fallen through, leading to an extension of a £20m funding facility…

Read More »

Frasers appoints boyfriend of Mike Ashley’s daughter to board

Frasers Group has appointed a director to its board who is reportedly in a relationship with founder Mike Ashley’s youngest…

Read More »

Today’s news in brief-20/3/24

UK inflation dropped to 3.4% in February 2024, surpassing economists’ expectations of 3.5%. This decline was mainly attributed to easing…

Read More »

Mike Ashley takes consultancy role at Hornby

Mike Ashley is set to advise model train company Hornby as a consultant after building a stake in the firm.…

Read More »

Today’s news in brief-18/3/24

The Saudi PIF, along with Kering, is reportedly eyeing a stake in Selfridges as the store’s co-owner, Central Group, faces…

Read More »

Frasers Group calls in administrators for two kids brands

Frasers Group has called in administrators from Kroll Advisory for Kids Cavern and Base Childrenswear on Friday 8 March, Drapers…

Read More »

Today’s news in brief-13/3/24

Morrisons reported a loss of £1.1bn for the year ending October 2023. The increase in debt, mainly due to the…

Read More »

Matches CEO and CFO depart amid administration

Matches CEO Nick Beighton and CFO Dave Murray have departed the retailer after its collapse into administration last week, Drapers…

Read More »