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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.

  • May- 2021 -
    24 May
    M&A
    Frasers Group eyes Hugo Boss takeover

    Frasers Group eyes Hugo Boss takeover

    Frasers Group is reportedly considering a potential takeover of Hugo Boss, according to a recent report from The Daily Telegraph. Shares in the premium fashion brand have increased by nearly 7% in Frankfurt, valuing it at โ‚ฌ3.2bn (ยฃ2.7bn) after the news that Mike Ashleyโ€™s retail empire may potentially takeover the…

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  • 4 May
    High StreetFrasers Group to launch ยฃ60m share buyback scheme

    Frasers Group to launch ยฃ60m share buyback scheme

    Mike Ashleyโ€™s Frasers Group has announced that it is set to commence a ยฃ60m shares buyback scheme commencing today (4 May 2021). Lasting until the end of the groupโ€™s financial year on 25 April 2021, the programme will see up to 10 million ordinary shares purchased at an aggregate price…

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  • Apr- 2021 -
    9 April
    High StreetJD Sports, Frasers Group and Amazon eye Topshop flagship

    JD Sports, Frasers Group and Amazon eye Topshop flagship

    A number of retailers have reportedly expressed interest in purchasing Topshopโ€™s former flagship store, including JD Sports, Amazon and Frasers. According to ย Drapers,, the administrators of the 100,000 sq ft store have appointed Eastdil and Savills to explore a sale of the site. It also reports that the London store…

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  • 9 April
    High StreetFrasers warns of ยฃ200m lockdown hit

    Frasers warns of ยฃ200m lockdown hit

    Mike Ashleyโ€™s Frasers Group has warned that it expects to take a hit in excess of ยฃ200m due to the impact of Covid-19 – double what the retailer predicted in February.ย  The group, which owns Sports Direct and House of Frasers, has said that further Covid-19 restrictions are โ€œalmost certainโ€.ย …

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  • 7 April
    M&AFrasers Group calls for Peacocks sale inquiry

    Frasers Group calls for Peacocks sale inquiry

    Frasers Group has reportedly called for an investigation to be launched into the sale of fashion chain Peacocks to an international consortium backed by chief operating officer, Steve Simpson. According to the Guardian, Mike Ashley, owner of Sports Direct and House of Fraser, was beaten in his Peacocks takeover bid…

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  • Mar- 2021 -
    12 March
    FeaturesA look at what an online sales tax means for businesses

    A look at what an online sales tax means for businesses

    In last year’s Business Rates Review: Call for Evidence, Jesse Norman MP, financial secretary to the Treasury, said the government would explore the potential options of โ€œalternativeโ€ property and online taxes which could act as โ€œpossible replacementsโ€ for rates to tackle the increases in businesses online presence. The proposition would…

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  • 10 March
    Sport & LeisureEvans Cycles to axe 300 roles

    Evans Cycles to axe 300 roles

    The Mike Ashley-owned Evans Cycles is reportedly set to axe more than 300 roles across the business as Frasers Group looks to cut further costs amid the pandemic.ย  According to The Guardian, store employees will fall from 813 staff to 475, while โ€œhundredsโ€ of remaining store staff are also expected…

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  • 5 March
    Department StoresFrasers Group warns of closures amid business rates cap

    Frasers Group warns of closures amid business rates cap

    Frasers Group has warned that the ยฃ2m business rates cap announced in the spring budget on 3 March 2021 will make it โ€œnearly impossibleโ€ for the group to take on ex-Debenhams sites with the inherent jobs created. The group stated that the cap for businesses from July 2021 to March…

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  • Feb- 2021 -
    23 February
    CoronavirusFrasers warns of ยฃ100m lockdown hit

    Frasers warns of ยฃ100m lockdown hit

    Mike Ashleyโ€™s Frasers Group has announced it currently expects to take a hit in excess of ยฃ100m due to the impact of Covid-19 lockdown restrictions on non-essential retailers. The announcement comes in response to the prime ministerโ€™s reopening roadmap unveiled yesterday (22 February) that sees non-essential retailers such as the…

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  • 1 February
    Clothing & ShoesFrasers Group acquires New Lookโ€™s Brighton store

    Frasers Group acquires New Lookโ€™s Brighton store

    Frasers Group has reportedly acquired the freehold of New Lookโ€™s Brighton store. According to Drapers, the store located at 188-191 Western Road is just one of New Lookโ€™s portfolio that is undertaking a rent restructuring following a CVA approved in September 2020. The CVA has ushered in a three-year rent…

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