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Frasers buys Studio Retail out of administration

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Mike Ashley’s Frasers Group has bought online retail business Studio Retail out of administration, saving 1,500 jobs, it said. The company behind Sports Direct and...

Frasers Group unveils plans for the next cohort of store openings...

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Frasers Group plc today unveils plans to advance it’s investment into the Irish market, introducing FLANNELS into the Republic of Ireland for the very...

FLANNELS opens new luxury store in Hertfordshire

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Frasers Group plc has opened the doors to its latest FLANNELS store in Hertfordshire. The luxury retailer continues with the commitment to investing in...

Frasers launches £70m shares spending spree

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Mike Ashley’s retail empire has announced the start of a £70 million spending spree to buy up stock in the company in an attempt...

Frasers forecasts full-year profit leap

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Frasers Group has reported surging half-year profits and forecast a jump in annual earnings despite revealing a hit from supply chain costs and pandemic...

House of Fraser Oxford Street to close in January

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Frasers Group has announced that the House of Fraser store in Oxford Street is to close in January 2022. A spokesperson commented; “It is with...

New boss of Sports Direct owner could bag £100m shares bonus

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The incoming chief executive of Sports Direct owner Frasers Group could pocket a £100 million shares windfall if he meets a “challenging but achievable”...

Mike Ashley ‘set to step down’ as boss of Sports Direct’s...

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Sports Direct founder Mike Ashley is set to step down from leading his retail empire and hand the reins to his prospective son-in-law, according...

Mike Ashley’s Frasers Group set for ‘upbeat’ update after reopening stores

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Sports Direct owner Frasers Group is expected to unveil an “upbeat” trading update amid hopes its sales will have rebounded strongly after the reopening...

Mike Ashley launches £60m shares spending spree despite Covid woes

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Mike Ashley’s Frasers Group has announced plans to spend £60 million between now and and July despite warning less than a month ago that...

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