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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Jun- 2023 -7 JuneOnline & Digital
Frasers Group raises Asos stake
Mike Ashleyโs Frasers Group has increased its stake in online retailer Asos from 7.4% to 8.8% according to a shareholder update posted yesterday. Frasers is currently Asosโ fourth largest shareholder having originally increased its stake to over 5% back in October of last year. The news comes as the embattled…
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5 JuneClothing & Shoes
Frasers Group considers cutting 200 head office jobs
Frasers Group is considering cutting up to 200 jobs at its head offices in Shirebrook and London in a bid to streamline the business. The company owned by Mike Ashley has begun a consultation period which has left 20% of its staff at these offices at risk of redundancy. The…
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May- 2023 -23 MayClothing & Shoes
Mike Ashley set for Mulberry boardroom showdown
Mike Ashley could be set for a boardroom showdown with the majority shareholder at Mulberry, according to reports from The Telegraph. The outlet reported that Frasers owner Ashely has recently requested a voice in the boardroom at the luxury fashion retailer after senior members at Frasers met Mulberry chairman Chris…
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23 MayNews
Frasers launches bid to acquire ProBikeKit
Frasers Group is in talks to buy cycling goods specialist ProBikeKit, according to Sky News. Mike Ashley’s retail group is reportedly set to acquire the stock and IP assets of the cycling retailer from THG, the beauty and nutrition online company.ย In April, THG revealed that following a strategic review…
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16 MayNews
Frasers Group considers sale of Pretty Green
Frasers Group is recently considering selling Liam Gallagherโs fashion brand Pretty Green, Drapers has revealed.ย ย The company was part of the brands acquired by Frasers from JD Sports in December 2022. The other brands part of the acquisition included Base Childrenswear, Choice, Clothingsites, Cricket, Giulio, Kids Cavern, Missy Empire, Nicholas…
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15 MaySport & Leisure
Sports Direct opens new store at Braehead Centre
Sports Direct is set to open a new store in the Braehead Centre. The brand will relocate and upsize from its existing store in the retail park to a new 20,000 sq. ft store on the upper level of the main centre. The new store will feature the โbest brandsโ…
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Apr- 2023 -27 AprilDepartment Stores
Frasers Group to unveil own version of Amazon Prime
Michael Murray, the chief executive of Frasers Group, has revealed at this yearโs World Retail Congress in Barcelona that the group will be unveiling its own version of Amazon Prime, Retail Week has reported.ย The new membership scheme, which will be called โFrasers Plusโ, would be a membership programme and…
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6 AprilLuxury Goods
Cerruti 1881 and Kent and Curwen acquired for ยฃ83m
Biem.L.Fdlkk Garment, a Chinese golf clothing brand, has acquired French fashion label Cerruti 1881 and British menswear brand Kent and Curwen for a total of โฌ95m (ยฃ83m), according to WWD coverage.ย It is reported that the Chinese manufacturer paid the equivalent of ยฃ50m for the trademark rights of Cerruti 1881…
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Mar- 2023 -23 MarchNews
Frasers to open third Sports Direct flagship in Manchester
Frasers Group is opening a third Sports Direct flagship store in Manchesterโs Arndale Centre on 24 March.ย Set across five floors, the store will comprise sport, leisure, e-sports and fashion clothing across 50,000 sq ft. This will be the retailerโs most elevated concept store yet. Some dedicated interactive areas will…
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1 MarchClothing & Shoes
Frasers seeks discounts from suppliers amid JD acquisitions
Frasers Group is reportedly seeking discounts on outstanding payments and spring/summer orders from its suppliers, Drapers has reported.ย According to reports, it is asking the suppliers of its recently acquired brands for a 10% discount off outstanding payments and a 20% discount off ordered goods for the spring/summer 2023 season.…
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