All Frasers Group articles – Page 9
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News
Frasers adds I Saw It First to fast fashion roster
Frasers Group has acquired fast fashion brand I Saw It First.
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News
Transitional relief will cost retailers £1bn as Frasers boss calls for ‘hard and deep’ cuts
The British Retail Consortium has warned transitional relief could cost retail £1bn over the next three years, as Frasers boss Michael Murray called for drastic government action.
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Analysis
Analysis: How Frasers is plotting a profitable path through cost-of-living crunch
Frasers Group boss Michael Murray explains how it will maintain momentum to navigate its way through the cost-of-living crisis, inflation, supply chain challenges and battered consumer confidence
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News
Frasers posts surge in profits and increases earnings guidance
Frasers Group has recorded a spike in full-year profits and upped its earnings guidance for its current financial year.
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Analysis
C-suite data: Iceland, Primark, Pizza Hut and B&M reveal store strategy
Iceland managing director Richard Walker, Primark group property director Tom Meager, Pizza Hut chief business development officer Mike Spencer and outgoing B&M chief executive Simon Arora have spoken to Retail Week about their stores and property strategy for a landmark new report, Rents, rates, reform.
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News
Missguided’s Passi rejoins as CEO under new Frasers ownership
Missguided founder Nitin Passi has returned to the business as chief executive, eight weeks after he stepped down from the role.
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Data
Data: New ranking reveals top 30 UK retailers by store growth
Retail Week’s latest report features new analysis of the retailers that expanded their store footprint the most from January 2019 to March 2022. It also features data from Local Data Company to show the sectors that are driving store growth and where the opportunities lie.
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Analysis
Missguided acquisition: Is Murray’s first Frasers move a misstep or masterful?
After months of twists and turns, Frasers Group and its chief executive Michael Murray swooped in to snap up Missguided out of administration. With his first move to reappoint founder and chief executive Nitin Passi, can this new dream team turn things around?
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News
Frasers rescues Missguided from administration as boss Murray shakes up leadership team
Frasers Group has bought collapsed online fashion operator Missguided out of administration for £20m.
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News
Mike Ashley’s Frasers Group takes $30m hit on sale of US businesses
Frasers Group has sold its two businesses in the US in a $70m (£55.7m) deal.
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News
JD Sports, Frasers, Asos and Shein mull Missguided bids
Several retailers are considering takeover bids for Missguided after the etailer admitted it was exploring “strategic options” for its future.
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Data
Ranking: From Halfords to The Hut Group – how Covid has boosted and battered retail share prices
Two years after the UK was plunged into its first national lockdown, Retail Week analyses how the Covid crisis has impacted the valuations of Britain’s listed retailers.
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News
Ashley slams ‘unfit for purpose’ UK corporate governance after Studio acquisition
Frasers Group boss Mike Ashley has lashed out at both the previous management of Studio and the UK’s corporate governance regime after saving the floundering fashion retailer.
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News
Updated: Frasers buys Studio Retail out of administration
Mike Ashley’s Frasers Group has bought Studio Retail out of administration for £26.8m, saving 1,500 jobs.
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News
Frasers director leaves over conflict of interest concerns
One of Frasers Group’s non-executive directors is to leave after just a few months in the post.
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News
Mike Ashley mulls taking Frasers Group off the stock market
Frasers chief executive Mike Ashley is reportedly preparing to take the company private following a period of strong growth for the group’s brands.
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Gallery
In pictures: Amazon, Lego and Ikea – the top 10 store openings of 2021
Retail Week speaks to a panel of industry experts to determine which executives will be in charge of the UK’s biggest retailers in the next five years.
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Analysis
Analysis: The four ways Frasers has turbocharged growth during the pandemic
In its latest set of interim results, both Frasers’ profits and sales outshine those recorded in the pre-pandemic era. Retail Week examines how Frasers has prospered in a difficult trading period.
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News
Frasers profits soar but group warns of Covid and supply chain headwinds
Frasers Group has reported strong revenue rises across its portfolio, but remains “cautious” of the impacts of macroeconomic factors such as a potential lockdown over Christmas.
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News
House of Fraser fury over Oxford Street closure
House of Fraser owner Frasers Group has reacted angrily after its flagship Oxford Street store was served notice to quit the premises.