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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Jul- 2023 -12 JulyClothing & Shoes
Frasers ups stakes in Currys to 11.1%
Mike Ashleyโs Frasers Group has announced that it has upped its stake in Curryโs to 11.1%. The news comes after Frasers increased its stake in the business to 10.4% last week and Curryโs chief executive revealed that the group was in talks about a possible partnership with Frasers. In an…
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3 JulyLuxury Goods
Mulberry turns down Mike Ashleyโs attempt to join board
Mulberry has reportedly rejected Mike Ashleyโs efforts to join its board, according to The Times.ย It is understood that in recent weeks the Sports Direct founder has met the luxury handbag retailerโs executive team to attempt to join the boardroom.ย This comes as he โgrew frustratedโ about what he believes…
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Jun- 2023 -27 JuneClothing & Shoes
Asos appoints sustainability expert as ESG chair
Asos has announced the appointment of Anna Maria Rugarli as non-executive director and chair of the ESG Committee. Rugarli is a sustainability and CSR expert with more than twenty years of experience working with leaders in global apparel, including Nike Inc. and VF Corporation. She has specialised in creating โinnovativeโ…
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26 JuneClothing & Shoes
Moncler Group considers in house distribution for Stone Island
Owner and operator of Stone Island, The Moncler Group, is considering taking the brandโs UK distribution in house, Drapers has reported. The news comes as several industry sources have reportedly indicated that the group, which acquired Stone Island in 2020, is thinking about taking the brandโs UK distribution in house…
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26 JunePeople Moves
Frasers Group appoints Mike Ashley as consultant
Frasers Group has appointed founder Mike Ashley as a consultant to the group, as the retailer intends to acquire other companies amid an acquisition spree, The Sunday Times has reported. Frasers currently operates its own shopping centres in Luton and Dundee, with an aim to acquire more outlet centres in…
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20 JuneDepartment Stores
Frasers acquires single-figure stakes in Boohoo and Currys
Mike Ashleyโs Frasers Group has announced it has made a โstrategic investmentโ in both Boohoo and Currys. In an announcement to shareholders it said driving growth through strategic investments is a โcore partโ of Frasers’ DNA and as such has acquired a 5% stake in Boohoo and 5% in Currys.…
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16 JuneHigh Street
Frasers ups stake in Asos to over 10%
Mike Ashleyโs Frasers has increased its stake in online fashion retailer asos for the third time in two weeks. Frasers has increased its holding to 10.6%, fueling further speculation of a possible takeover offer after beginning last week with a 7.4% stake. Frasers is currently Asosโ fourth largest shareholder having…
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16 JuneClothing & Shoes
CEO of Frasers Fashion departs group
The CEO of Frasers Fashion, Greg Pateras, has departed the business this week.ย Before assuming his role at Frasers, Pateras was previously the CEO of ISawItFirst.com, where he is said to have turned around the loss-making business, and oversaw its eventual sale to Frasers Group. Following Frasersโ acquisition of the…
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12 JuneNews
Frasers Group acquires ยฃ75m stake in AO World
Frasers Group has announced that it has acquired an 18.9% strategic stake in AO World, a leading online electricals retailer. The investment cost the group ยฃ75m and it is said to be โthe culmination of productive talks over the last two years about establishing a strategic partnershipโ.ย Michael Murray, CEO…
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9 JuneOnline & Digital
Frasers ups stake in Asos for second time in a week
Mike Ashleyโs Frasers Group has upped its stake in embattled online retailer Asos for the second time this week. Frasers has increased its stake to 9.8%, up from the 8.8% established on Tuesday ( 6 June). The investment has sparked rumours of potential interest in a takeover offer with the…
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