Frasers
This coverage focuses on Frasers’ 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.
-
Feb- 2021 -1 FebruaryClothing & Shoes
Frasers Group acquires New Look’s Brighton store
Frasers Group has reportedly acquired the freehold of New Look’s Brighton store. According to Drapers, the store located at 188-191 Western Road is just one of New Look’s portfolio that is undertaking a rent restructuring following a CVA approved in September 2020. The CVA has ushered in a three-year rent…
Read More » -
Jan- 2021 -26 JanuaryDepartment Stores
Frasers Group shutters Edinburgh’s Jenners store
Frasers Group has announced it will permanently close Edinburgh’s iconic Jenners store after the company failed to reach an agreement with the site’s landlord over continuing the tenancy. A spokesman for the group said the decision came after negotiations fell through with the building’s owner, Anders Povlsen, the current owner…
Read More » -
20 JanuaryClothing & Shoes
Frasers Group increases stake in Hugo Boss
Mike Ashley’s Frasers Group has increased its stake into luxury retailer Hugo Boss to around 15%. Frasers revealed it now has interests 3,611,700 shares of common stock, representing 5.1% of Hugo Boss’s total share capital and 3,377,465 shares of common stock via contracts for difference, representing 4.8% of Hugo Boss’s…
Read More » -
13 JanuaryDepartment Stores
Debenhams to shutter six stores, 320 jobs affected
Debenhams has announced that six of its sites will no longer reopen this year, as part of the group’s ongoing winding down and stock liquidation process. In a statement released today (13 January), the group confirmed the move will affect 320 roles within its business. Debenhams said that while it…
Read More » -
Dec- 2020 -18 DecemberLuxury Goods
Frasers Group will not make formal bid for Mulberry
Frasers Group has announced that it will not be making a formal bid for Mulberry after ongoing rumours of a potential acquisition. Mike Ashley’s retail group currently owns a 36.8% stake in the business and last month said it was considering a takeover of the brand. Last month, Frasers Group…
Read More » -
14 DecemberClothing & Shoes
US group eyes Arcadia and Debenhams takeover
Authentic Brands, the US owner of New York department store brand Barneys, is reportedly eyeing a double takeover of Debenhams and Arcadia Group, according to the Telegraph. The retail group has reportedly entered discussions with the administrators of both businesses, placing chairman Jamie Salter in “direct competition” with Mike Ashley,…
Read More » -
11 DecemberClothing & Shoes
Administrators place £200m price tag on Topshop
Administrators for Arcadia are reportedly seeking a price tag of £200m for the firm’s Topshop brand and are looking to agree a deal before Christmas. According to The Guardian, administrators Deloitte are expecting to receive initial bids for the brand by the end of next week (18 December). Online retailer…
Read More » -
10 DecemberSport & Leisure
Frasers Group reports 30% rise in half-year profits
Frasers Group has reported a 29.1% surge in after-tax profit to £84m in the 26 weeks to 25 October. The Mike Ashley-owned retail group said lockdown closures across its non-essential stores have resulted in a 7.4% drop in group revenue to £1.9bn. Over this period, Frasers Group’s sport retail business…
Read More » -
8 DecemberOnline & Digital
Studio exploring sale options as profits surge 52%
Studio Retail Group (SRG) has announced it is exploring sales options after seeing half-year profits increase 52% to £17.7m. For the 26-week period ending 25 September, Studio revealed that profits were boosted by a 17% increase in revenues to £268m up from £228.7m in 2019. It also revealed its active…
Read More » -
7 DecemberDepartment Stores
Frasers Group in Debenhams takeover talks
Mike Ashley’s Frasers Group has entered discussions involving a possible takeover of Debenhams, the group confirmed today. It comes as Debenhams collapsed into administration last week, placing 12,000 jobs at risk, after talks with JD Sports over a potential rescue deal failed. The department store chain will continue to trade…
Read More »
