All Frasers Group articles – Page 3
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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.
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News
House of Fraser flagship on Oxford Street to be converted to offices
The famous House of Fraser store on London’s Oxford Street is to become an office-led, mixed-use premises.
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Analysis
In the founder's footsteps: setting the direction when the trailblazer steps aside
Many retail businesses are intrinsically linked to and even defined by their founders, but what happens when it comes time for that person to stand aside? Retail Week looks at past successes and failures and what needs to be put in place to ensure the process goes smoothly.
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News
Department store numbers plunge 83% since collapse of BHS
More than 80% of the UK’s department stores have been lost since the demise of BHS and many former branches still lie empty.
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News
Incoming Frasers boss Murray in line for potential £100m bonus
Incoming Frasers chief executive Michael Murray could pocket up to £100m in bonuses if he more than doubles the group’s share price.
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Analysis
Michael Murray: The man Mike Ashley is entrusting with the future of Frasers
Who is the man Sports Direct founder Mike Ashley has appointed as his successor and can he turn around the retailer’s fortunes?
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News
Mike Ashley to step down as Frasers boss as profits tumble
Retail tycoon Mike Ashley has confirmed his intention to pass the mantle of chief executive to Michael Murray in the next financial year.
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Opinion
‘Mike Ashley’s new era at Frasers needs a new generation of leaders’
“He’s the next generation,” Mike Ashley claimed, throwing up his left arm and pointing to the young man sitting beside him.
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News
Mike Ashley mulls stepping down from helm of Frasers Group
Mike Ashley is understood to be considering handing over the reins as chief executive of Group to his future son-in-law and the retailer’s head of elevation Michael Murray.
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Gallery
First look: Flannels Beauty flagship brings ‘world-first beauty experiences’ to Sheffield
The opening of the flagship Flannels Beauty store marks the beginning of a major long-term investment in the category as the retailer aims to transform the way consumers shop for beauty.
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News
Exclusive: House of Fraser staff faced with zero-hours contracts ultimatum
Department store chain House of Fraser is understood to have put staff into consultation over a switch to zero-hours contracts in a decision that could potentially affect thousands of roles.
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Deep dive
Deep dive: Curation, destination, imagination – the new department store foundations
How can the retail format be revived to resonate with contemporary and future shoppers?
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News
Tycoon Ashley’s former lieutenant takes top role at Revolution Beauty
Dave Forsey, Frasers tycoon Mike Ashley’s former right-hand man, has re-emerged as managing director of Revolution Beauty.