All Frasers Group articles – Page 3
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News
Exclusive: Frasers boss says Amazon can’t do what Frasers can
As Frasers reported strong growth in profits and revenue driven by a “particularly strong year for sports retail”, chief executive Michael Murray said even Amazon cannot do what Frasers can.
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News
Frasers profits soar as elevation strategy pays off
Frasers has reported strong revenue and profit growth across its portfolio in a “particularly significant year for sports retail” driven by the group’s elevation strategy.
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News
Exclusive: Frasers to become UK's top fashion retailer by 2026
Frasers is set to acquire its way to the top and become the biggest fashion retailer in the UK within the next five years, according to exclusive research by Retail Week and Bloomreach.
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Data
Fashion Forward: The top 30 fashion retailers by 2026
Fashion retail has experienced a turbulent time, but retailers investing in elevation, partnerships, acquisitions and focused transformation are set to win. Our Retail Week analysts reveal which retailers will lead the sector in 2026.
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News
THG offloads OnDemand division to management to focus on core operations
Online group THG has sold its OnDemand business – which includes entertainment specialist Zavvi – to the division’s management.
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Analysis
Frasers or Nordstrom: who is Asos’ perfect match?
Embattled fashion pureplay Asos has recently been at the centre of takeover talks following reports of a £1bn takeover bid by Turkish fast-fashion retailer Trendyol. Frasers Group also sparked speculation by increasing its stake in the fashion retailer three times in two weeks
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News
Frasers Group ups stakes in N Brown and Currys
Frasers Group has increased its stakes in fashion retailer N Brown and electricals retailer Currys in a continued shopping spree for Mike Ashley’s retail empire.
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News
Nike hails ‘milestone year’ as revenues jump despite fall in margins
Nike has reported an increase in revenues in the fourth quarter and full year ending May 2023, driven by “investment in innovation and digital leadership” as well as the success of its “top strategic partners”.
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News
Frasers Group finalises new Mike Ashley role amid acquisition streak
Frasers Group has made a deal with founder Mike Ashley and he has been formally appointed as a consultant to the fashion giant.
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News
Frasers continues acquisition streak with stakes in Currys and Boohoo
Frasers Group has acquired an 8.9% stake in electricals retailer Currys and a 5% stake in online fashion retailer Boohoo in a continued string of acquisitions for Mike Ashley’s retail empire.
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Data
Forecast: How the sports and outdoor sector continues to excel
The Retail Week analyst team forecasts that the UK sports and outdoor market will grow at a compound annual growth rate (CAGR) of 4.6% in the five years to 2026/27 as retailers fight to gain market share in this lucrative category
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News
Frasers Group fashion boss Greg Pateras steps down
Frasers Group fashion chief executive Greg Pateras has confirmed he will step down from his role following his appointment less than a year ago.
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News
Frasers increases stake in Asos for the third time in two weeks
Frasers Group has increased its stake in fashion pureplay Asos for the third time in two weeks, as takeover speculations increase.
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Analysis
Strategy spotlight: How AO is pivoting to profitable growth as Frasers Group snaps up stake
As Frasers Group snaps up a 19% stake in AO, the two retailers are “looking forward to realising the significant potential” of working more closely in partnership.
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Analysis
What 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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News
Frasers 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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News
Frasers 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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News
Frasers 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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News
Asos 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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Analysis
Strategy 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.