All Frasers Group articles – Page 9
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AnalysisWhat does Frasers stand to gain from taking a £75m stake in AO World?
Mike Ashley’s sprawling retail empire is known to lead with an aggressive acquisition strategy, but news of Frasers Group buying an 18.9% stake in ecommerce electrical retailer AO.com came as a surprise to many.
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NewsFrasers Group snaps up £75m stake in AO World
Frasers Group has bought a 19% stake in online electricals retailer AO World.
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NewsFrasers Group announces joint venture to expand in Indonesia
Frasers Group Asia has announced a new joint venture agreement with PT Map Active Indonesia to launch Sports Direct in the country.
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NewsFrasers Group ups stake in Asos as takeover speculation swirls
Tycoon Mike Ashley’s Frasers Group has increased its stake in fashion pureplay Asos, which has been at the centre of takeover talk.
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NewsAsos head of commercial change quits amid ongoing turmoil
Asos head of commercial change and operations Anthony Benham has quit after 16 years at the online retailer as turmoil at the business continues.
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AnalysisStrategy spotlight: Five ways Frasers Group aims to elevate its proposition
In 2021/22, Frasers Group’s total sales climbed 32.5% to £4.8bn for the 52 weeks to 24 April, 2022, and it recorded pre-tax profits of £335.6m.
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GalleryStore gallery: Flannels stages ‘one-of-a-kind’ Beyoncé pop-up shop
High-end fashion retailer Flannels has opened the doors to its “one-of-a-kind” retail concept and exhibition The Renaissance Flagship on Oxford Street, celebrating pop icon Beyoncé’s current world tour.
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NewsFrasers Group unveils loyalty scheme across all brands
Frasers Group chief executive Michael Murray has said the retailer is set to unveil a new membership scheme and flexible payments solution, which he described as the retailer’s version of Amazon Prime.
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DataRanking: The UK retailers with the biggest international sales
After several years of staying close to home, it’s no surprise that, even with the cost-of-living crisis, more than 60% of Brits are planning an overseas holiday this year – up by 10% on last year, according to research by American Express.
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NewsFrasers Group completes acquisition of shopping centre with 'huge potential'
Sports Direct owner, Frasers Group has completed the acquisition of The Mall shopping centre in Luton.
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NewsFrasers completes acquisition of fashion brands from rival JD Sports
Frasers has completed the acquisition of five out of the remaining seven fashion brands from its sportswear rival JD Sports, following an announcement about the deal in December 2022.
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NewsMike Ashley in talks to become rivals’ landlord with £100m shopping centre investment
Mike Ashley is poised to invest up to £100m in shopping centres in a bet that rising footfall will boost their popularity.
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NewsFrasers Group launches buy now, pay later scheme on new app
Sports Direct owner Frasers Group has launched a new buy now, pay later scheme via its app, having upped its stake in fashion retailer N Brown.
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AnalysisWho will be retail’s winners and losers in 2023?
Who will thrive and who will flounder in 2023? Retail experts share their tips for the year ahead
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GalleryStore gallery: Inside Flannels’ debut Dublin store
High-end fashion retailer Flannels has opened the doors to its first-ever store in Ireland.
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NewsFrasers Group snaps up 15 fashion brands from rival JD Sports
Frasers Group has struck a £47.5m deal to acquire a string of fashion brands from its sportswear rival JD Sports.
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NewsFrasers Group profits and sales surge on the back of acquisitions
Frasers Group’s profits and revenues have soared, driven by the retailer’s new brand acquisition strategy, disposal of some assets and the continued growth of Flannels.
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Opinion‘Dangerous false economies risk limiting retail’s recovery from challenging period’
You can’t manage a retail business quarter by quarter. Short-termism threatens to inhibit innovation and limit retail’s potential when tough times recede, warns True’s Matt Truman
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Opinion‘As Next snaps up Joules, expect more retailers to go shopping for distress deals’
The current economic environment means the recent rash of acquisitions could continue, but such deals can turn a crisis into a shared opportunity, writes Retail Week executive editor George MacDonald
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VideoWatch: Sports Direct signs football legends for Christmas ad
Sports Direct has enlisted a roster of football legends for its Christmas advert.