Frasers

Today’s news in brief-17/12/24

Shein’s potential London IPO may challenge regulatory norms as the company reportedly seeks a waiver from the UK’s 10% public…

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Boohoo head office sale halted after investor walks away

Boohoo’s head office sale has been halted due to an Israeli investor walking away from negotiations, according to The Telegraph.…

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Today’s news in brief-16/12/24

Isak Andic, founder of the global fashion retailer Mango, has died at the age of 71 following a tragic hiking…

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Sports Direct opens new 29,000sq ft store in Westfield White City

Frasers Group has opened its latest Sports Direct’s latest store in London’s Westfield White City Shopping Centre. Complementing Sports Direct’s…

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Today’s news in brief-12/12/24

Central Group’s executive chair Tos Chirathivat admitted to overpaying in hindsight for Selfridges and other European luxury department stores as…

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Debenhams has ‘greater value’ than current group valuation, says Boohoo CEO

Boohoo group CEO Dan Finley has said that Debenhams single-handedly brings “greater value” than the market cap of the rest…

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Boohoo calls on shareholders to reject Mike Ashley’s board bid

Boohoo has urged its shareholders to vote against Mike Ashley’s board appointments ahead of its AGM on 20 December. In…

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Frasers eyes takeover deal of Norwegian sports retailer

Frasers Group has announced this morning (6 December) its intention to launch a voluntary offer for all shares in XXL…

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Today’s news in brief-5/12/24

Police are investigating stalking and corporate espionage allegations from Boohoo executives, including CEO Dan Finley and co-founder Mahmud Kamani. Reports…

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Frasers lowers profit guidance as H1 sales fall 8.4%

Frasers Group has lowered its profit guidance for FY25 to between £550m to £600m, having seen its sales fall by…

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