All Studio Retail articles
Studio Retail, renamed from Findel, is a home shopping retailer offering catalogue and online services. It was founded in 1962 as a greetings card company. It now sells clothing, greeting cards, gifts, home and garden items through its Studio and Ace catalogues and websites. In 2022, Mike Ashley’s Frasers Group has bought Studio Retail out of administration for £26.8m.
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NewsFrasers Group to cut 100 jobs at Manchester office
Frasers Group has put more than 100 jobs at risk of redundancy at its Manchester office as it looks to cut costs.
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NewsFrasers Group unveils loyalty scheme across all brands
Frasers Group chief executive Michael Murray has said the retailer is set to unveil a new membership scheme and flexible payments solution, which he described as the retailer’s version of Amazon Prime.
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AnalysisAnalysis: 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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NewsFrasers 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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NewsAshley 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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NewsUpdated: 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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NewsStudio tumbles into administration after failing to land £25m lifeline
Studio Retail Group has stated its intention to appoint administrators after it failed to secure a £25m loan.
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AnalysisRetail 2022: 59 CEOs reveal strategy for the year ahead
Leaders from Gymshark, Currys, Pets at Home, Levi’s and Beauty Pie are among 59 chief executives that have spoken to Retail Week in-depth about their 2022 strategy as part of a major new report
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NewsStudio’s boss says home improvement trend continuing as full-year profits soar
The digital value retail business reported a stellar increase in revenues as consumers headed online in their droves during the pandemic.
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NewsStudio reports ‘outstanding’ Christmas as customers turn to value
Studio Retail has recorded an “outstanding” golden quarter after customer numbers soared.
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VideoWatch: Retailers must take responsible approach to consumer finance boom, experts warn
Consumer demand for finance options has remained consistently high this year, but retailers must assess customers’ ability to afford these options, experts have warned.
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NewsStudio Retail prepares for sale as profits boom
Online value retailer Studio has announced plans to explore its sale options as profits and sales soared during the coronavirus pandemic.
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VideoWatch: Don’t let pandemic divert digital transformation, warns Halfords IT director
Retailers must remain focused on core digital transformation objectives and avoid chasing the next big tech trend or the pandemic diverting strategy, Halfords IT director Neil Holden has told Retail Week.
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AnalysisHow Halfords and Studio Retail emerged as Covid winners
From rapid pivots to reprioritising projects, two of retail’s big winners during Covid – Halfords and Studio Retail – share the secrets to their successful transformations.
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NewsStudio Retail profits grow as it anticipates ‘strong’ Christmas trading
Online value retailer Studio has reported positive full-year results, which have since been strengthened by trading throughout the last 20 weeks.
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NewsStudio Retail Group sales soar in lockdown
Value group Studio Retail has recorded a 55% sales increase year on year in the 11 weeks since April 23.
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NewsStudio poaches Dixons Carphone director to helm trading division
Studio has strengthened its senior team by appointing Rupert Nichols as its new trading director.
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NewsPets at Home poaches Studio Retail Group exec as new chair
Pets at Home has appointed a new non-executive chair to succeed Tony De Nunzio.
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NewsStudio profits hit by surge in PPI claims
Studio, the online retailer previously known as Findel, has posted a slump in profits following a surge in PPI claims.
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NewsFindel makes ‘solid start to the year’ ahead of AGM
Findel has said it has made a “solid start to the year” and its full-year financial guidance remains unchanged, ahead of its AGM this afternoon.