Frasers Group is the retail group founded by Mike Ashley in 1982 and previously known as Sports Direct International. Its brands include Sports Direct, Game, Flannels, Evans Cycles, Jack Wills and House of Fraser (trading as Frasers), which it bought out of administration in 2018. There are nealry 30 department stores trasing under the Frasers and House of Fraser fascias, primarily selling a range of hihh street and luxury fashion and beauty products. Retail Week provides news, analysis, features and opinion about Frasers Group and the department stores sector.
The former head of the Financial Reporting Council has been appointed by Frasers Group as its new chair.
Frasers Group, which owns Sports Direct, House of Fraser and Flannels, has taken a minority stake in a UK leisure firm.
The company announced that a new three-year credit facility would be led by investment firm TPG Angelo Gordon, a subsidiary of TPG which had helped take the Debenhams department store chain private in 2003.
Tycoon Mike Ashley’s Frasers Group has demanded the suspension of Boohoo founder and executive vice-chair Mahmud Kamani and a probe into allegations about loans to suppliers.
Frasers Group, whose business include Game, Sports Direct and Studio Retail, has acquired technology retailer Ebuyer out of administration.
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