All Frasers Group articles – Page 10
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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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GalleryStore gallery: Frasers Group’s revamped Cruise flagship
Mike Ashley’s Frasers Group has opened its refurbished luxury flagship Cruise in Glasgow.
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GalleryFirst look: Frasers unveils vision for department store of the future
Frasers Group has lifted the lid on its first new department store since it acquired House of Fraser in 2018.
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NewsFrasers Group’s Evans Cycles to axe 300 jobs in cost-cutting drive
The Mike Ashley-owned Evans Cycles is cutting 300 jobs and moving the remainder of its staff to zero-hours contracts in a bid to cut costs.
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OpinionErin Brookes: ‘There is no doubt that further retail consolidation is coming’
Green shoots of optimism may be germinating, but it is certain that the last 12 months have left an irreversible imprint on the UK’s retail industry.
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NewsLandmark Jenners store to close after landlord row
Edinburgh department store Jenners, owned by Mike Ashley’s Frasers Group, is to shut after almost two centuries of trading.
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AnalysisThe power players: the acquisitive retailers snapping up brands
As Boohoo snaps up Debenhams, Retail Week takes a look at the pack of retailers taking advantage of the acquisition opportunities Covid has created to boost their business. Who are the sector’s new power players?
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NewsFrasers Group snaps up fashion retailer Psyche
Frasers Group has acquired fashion retailer Psyche’s stores and online business for an undisclosed sum.
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NewsFlannels launches beauty offer and ramps up expansion plans
Frasers Group’s luxury store Flannels has unveiled plans to open 15 new stores in the next five years.
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NewsArcadia collapses into administration putting 13,000 jobs at risk
Sir Philip Green’s Arcadia group has tumbled into administration leaving the future of its 13,000 employees hanging in the balance.
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NewsMike Ashley’s Frasers Group makes fresh bid to buy Debenhams
Mike Ashley’s Frasers Group has revived its efforts to buy struggling department store chain Debenhams.
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NewsFrasers Group wins shareholder approval for £100m staff bonus scheme
Frasers Group has won approval from its shareholders to launch its first staff incentive programme since 2017.
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NewsFrasers Group considers mothballing Bob’s Stores chain after Nike severs ties
Frasers Group has launched a strategic review of its Bob’s Stores chain in the US after Nike revealed it will stop supplying product to the business.
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NewsFrasers Group rescues DW Sports from administration in £37m deal
Frasers Group has rescued Dave Whelan’s DW Sports from administration in a £37m deal.
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NewsFrasers Group blames profit slump on Brexit and coronavirus
Mike Ashley’s Frasers Group reported a slump in profits that it blamed on a prolonged period of Brexit uncertainty followed immediately by the coronavirus crisis.
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NewsFrasers Group chair in closed-period share-buying blunder
The non-executive chair of Mike Ashley’s Frasers Group accidentally bought shares in the retailer ahead of this week’s results.
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NewsMike Ashley’s Frasers Group bids for DW Sports
Mike Ashley has reportedly launched a bid for former rival Dave Whelan’s collapsed sports chain DW Sports.
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Opinion‘Mike Ashley’s Frasers Group is not just unconventional – it’s unprofessional’
When a stock market announcement comes through from Frasers Group, formerly known as Sports Direct, you never know what to expect. A rant from founder Mike Ashley at landlords, the government or his rivals? A shiny new acquisition? The resignation of its auditor?
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NewsAshley’s Frasers Group delays results for second year in row
Tycoon Mike Ashley’s Frasers Group has put back publication of its annual results for the second year running.
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NewsFrasers Group set to open Leicester megastore
Frasers Group has announced plans to open a flagship store in Leicester’s Fosse Park which will combine its Flannels, Sports Direct, Evans Cycles and Game fascias.