All Frasers Group articles
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NewsFrasers chief executive lines up board role at luxury retailer
Frasers Group chief executive Michael Murray has been nominated to join the supervisory board at luxury retailer Hugo Boss.
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NewsBoohoo’s London office buyer has walked away from the £60m sale
Boohoo’s financial recovery efforts are under pressure after a potential property investor abandoned negotiations to purchase its London office.
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NewsFrasers has won approval for its mega-HQ plans despite concerns
Frasers has won backing for a new mega-HQ despite environmental concerns over its location.
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NewsBoohoo warns ‘desperate people do desperate things’ after criticism from Frasers about ‘grossly exaggerated’ remarks
Boohoo has said that “desperate people do desperate things” in response to another open letter by Frasers Group addressed to shareholders as the ongoing public spat between the two continues.
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NewsBoohoo has urged shareholders to consider Frasers Group's 'true motivation'
Boohoo has written to shareholders urging them to consider the “true motivation” behind Frasers’ behaviour as they prepare to vote for Mike Ashley’s resolutions at a general meeting tomorrow.
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NewsBoohoo urges shareholders to vote against Mike Ashley as board change is ‘not warranted’
Boohoo Group is urging shareholders to reject the “fresh ideas” of Mike Ashley ahead of its upcoming general meeting amid his bid to secure a seat on the board.
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NewsFrasers is seeking control of embattled Norwegian sports retailer
Department stores and sports goods group Frasers is seeking to take control of Norwegian sports specialist XXL, where it’s already the second biggest shareholder.
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NewsEx-Sports Direct boss making a surprise return to Frasers Group
Exclusive: Former chief executive of Sports Direct Dave Forsey is making a surprise return to Frasers Group to lead the retailer’s ambitious international expansion.
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News‘The Tories put the economy in a coma and Labour have turned the machine off’, says Frasers Group CFO
The chief financial officer of Sports Direct owner Frasers Group blamed the lack of consumer confidence in the run up to Christmas on the recent Labour Budget, which has “attacked a sector” in need of help.
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Retail Navigator AnalysisFrasers Group (Financials)
Frasers Group reported a 0.9% decline in sales to £5,537.7m in the 52 weeks ended 28 April 2024 (FY2023). Chief executive Michael Murray commented: “This has been a break-out year for building Frasers’ future growth. As well as delivering a strong trading performance, particularly from Sports Direct, we made significant progress with our Elevation Strategy.
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NewsFrasers has blamed the Budget after profit warning
Frasers Group has this morning issued a profit warning, blaming the Budget and recent tough trading conditions for the £50m hit to its bottom line.
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NewsMike Ashley is facing HMRC in court after being ‘stonewalled’ over personal data request
Retail tycoon Mike Ashley was “met with a complete stone wall” following a request to HM Revenue & Customers (HMRC) for personal data relating to a tax dispute, the High Court has heard.
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NewsFrasers acquires South African sportswear retailer as it snaps up stake in Marks Electricals
Frasers Group has snapped up South African sportswear retailer Holdsport Group for an undisclosed sum on the same day it took a £3m stake in British brand Marks Electricals.
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AnalysisWhat will Frasers and Mike Ashley do if he finally gets his hands on Boohoo?
Retail Week takes a closer look at what actions Mike Ashley is likely to take if he can seize control of Boohoo, as the battle between the fashion retailer and Frasers becomes increasingly fraught
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NewsFrasers demands that Boohoo chair Kamani is replaced by Mike Ashley
In the latest escalation of the public war of words between the two retailers, Frasers has this morning publicly called for Boohoo founder and chair Mahmud Kamani to step down.
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NewsFrasers Plus strikes new partnership with Hornby Hobbies
Frasers Plus, the credit and loyalty platform part of Frasers Group, has announced a new partnership with toy and hobby retailer, Hornby Hobbies.
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NewsBoohoo scrutinised for returning to a supplier it struck off after a modern slavery scandal
Boohoo is facing renewed scrutiny over its ethical practices after rekindling a relationship with a supplier it cut ties with in the wake of a modern slavery scandal.
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VideoSports Direct launches Christmas advert celebrating new traditions with UK athletes
Sports Direct has launched its Christmas campaign called ‘New Traditions Start Here’, featuring some of the UK’s biggest athletes across various sports.
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NewsBoohoo chief executive says all options are on the table as he commences business review
Boohoo’s new chief executive Dan Finley said he is considering all options as the retailer commenced a review of the business after losses deepened.
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NewsBoohoo calls on shareholders to reject Frasers’ proposals as losses deepen
Boohoo has this evening called on its shareholders to vote against all the proposals set out by Frasers, insisting its existing board can turn the ship around even as its losses deepened in the first half.