All Frasers Group articles – Page 7
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NewsExclusive: 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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AnalysisDeep 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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NewsTycoon 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.
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NewsMike Ashley’s Frasers Group eyes Hugo Boss swoop
Mike Ashley’s Frasers Group is reportedly considering a takeover of luxury fashion group Hugo Boss.
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AnalysisFuture of the flagship: Finding its place and purpose in a post-Covid world
Has the flagship store changed for good? Retail Week considers its role in the retail landscape of tomorrow
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Retail Navigator AnalysisFrasers Group (Overview)
British retailer Frasers Group is headed up by Michael Murray, successor to Mike Ashley, who retains a 62% stake in the business.
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Retail Navigator AnalysisFrasers Group (SWOT)
As one of the largest sports retailers in the UK, and with a growing international presence, Frasers Group benefits from considerable economies of scale. It is also vertically integrated, owning a stable of brands.
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Retail Navigator AnalysisFrasers Group (Strategy)
Chief executive Michael Murray describes Frasers Group as a platform of brands. The retailer is fast becoming an industry leader in the UK, having acquired a wide-ranging portfolio of retailers over the years to enhance its proposition.
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Retail Navigator AnalysisFrasers Group (Financials)
Driven by the acquisition of Missguided and I Saw it First during the period, Frasers Group sales surged 15.8% to £5.57bn in the year to end-April 2023 (FY2022). Profits strengthened significantly as a result of the strong sales performance, with group pre-tax profit nearly doubling to a record £660.7m, reflecting a stellar 11.9% margin.
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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.