Frasers
This coverage focuses on Frasersโ activities, strategy, and performance in the UK retail landscape. Reporting includes store developments, financial results, leadership decisions, brand management, and expansion efforts across sportswear, fashion, and lifestyle sectors. With attention to commercial strategy and market positioning, it offers insights for retail professionals managing multi-brand, omnichannel, and competitive operations.
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Oct- 2023 -6 OctoberDepartment Stores
Frasers Group submits plans for new Warwickshire HQ
Frasers Group has submitted a planning application for a new global HQ campus in Rugby, Warwickshire.ย If approved, the headquarters is projected to create 7,500 jobs and create ยฃ300m in GVA for the region. Architects firm Grimshaw, which designed the Eden Project, Londonโs Excel Phase II and the Lloyds Banking…
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Sep- 2023 -26 SeptemberNews
Todayโs news in brief-26/09/23
Frasers Group has unveiled a new Flannels store in Nottingham city centre, featuring luxury designer clothing and accessories. The 15,000 sq. ft store houses brands like Gucci, Christian Louboutin, Saint Laurent, and Valentino. The opening is part of Frasers’ commitment to investing in retail and expanding its premium shopping destinations…
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26 SeptemberClothing & Shoes
Frasers opens new Flannels Nottingham store
Frasers Group has opened the doors to its latest Flannels store in Nottingham city centre. Frasers said it continues with the commitment to investing in retail and bringing โworld-classโ shopping destinations to new locations throughout the UK. Situated on Nottinghamโs high street, the 15,000 sq. ft store will house two…
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22 SeptemberNews
Todayโs news in brief-22/09/23
The Co-operative Group (Co-op) has reported ยฃ43m in underlying profits for the first half of the year, a notable improvement from the ยฃ1m loss in the prior year. This surge is attributed to efficient cost-saving measures, including annualised savings of ยฃ101m from 2022, along with further H1 2023 savings. Operational…
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22 SeptemberDepartment Stores
Frasers tries to pull Morgan Stanley boss into legal battle
Frasers has reportedly asked a New York court to order Morgan Stanleyโs boss to hand over evidence for the groupโs High Court lawsuit against the bank, the Financial Times has reported.ย The FT said the lawsuit in question concerns an almost $1bn (ยฃ815m) margin call covering trades in Hugo Boss.ย …
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18 SeptemberClothing & Shoes
Mike Ashley eyes Missguided sale to Shein
Mike Ashley is looking to sell the online clothing label Missguided to the Chinese-founded online fashion platform, Shein, Sky News has reported. It is understood that the two sides have been in negotiations about a deal for several weeks, which would represent Sheinโs first acquisition of a British fashion brand.…
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Aug- 2023 -31 AugustOnline & Digital
Frasers ups Boohoo stake to 9.1%
Frasers has announced that it has increased its stake in fashion retailer Boohoo to 9.1%. The latest increase takes the Mike Ashley owned companyโs stake up from the previous 7.8% it owned. The group had previously stated that Boohoo aligned with its strategy of building โsupportive positions in attractive companiesโ.ย …
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29 AugustClothing & Shoes
Frasers ups Asos stake to 19.3%
Mike Ashleyโs Frasers Group has announced that it has once again upped its stake in Asos to 19.3%, up from 18%. The news comes after the group increased its stake to 17% earlier this month. The group also raised its stake in Boohoo Group from 6.8% to 7.8%. Prior to…
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23 AugustDepartment Stores
House of Fraser to close two more stores
House of Fraser is set to close two more of its stores as parent company Frasers Group continues to prioritise Sports Direct and Flannels. The House of Fraser store in Solihull will close on 28 August and its store in Guildford will shut on 30 September. Frasers Group shut eight…
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11 AugustShopping Centres
Frasers Group to open flagship Sports Direct in Sheffield
Frasers Group has taken over 180,000 sq ft of retail space in Meadowhall shopping centre, Sheffield, which includes a former Debenhams site that will be used as a Sports Direct flagship and Frasers concept store, Drapers has reported.ย ย The space in Meadowhall, which is being let by British Land, will…
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