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Frasers Group (FRAS) Share News

boohoo to continue Debenhams rebrand despite shareholder vote failing

28th Mar 2025 13:50

(Alliance News) - boohoo Group PLC on Friday said it will "continue forward as Debenhams Group" despite shareholders rejecting the name change for the ultimate holding company. Read More

Frasers expands deal to launch Sports Direct in five new Asian markets

24th Mar 2025 13:45

(Alliance News) - Frasers Group PLC on Monday said it was expanding its partnership with MAP Active to launch its Sports Direct brand in five new markets in southeast Asia and India. Read More

Frasers Group stake in XXL increases, triggering mandatory offer rule

18th Mar 2025 11:40

(Alliance News) - Frasers Group PLC on Tuesday said it will make mandatory offer for XXL ASA, Norwegian sportswear retailer as its stake passes the one-third threshold. Read More

Harworth revenue hits record after land sales to Microsoft, Frasers

18th Mar 2025 10:33

(Alliance News) - Harworth Group PLC on Tuesday hiked its dividend as it reported record revenue, supported by "landmark land sales" to Microsoft Corp and Frasers Group PLC. Read More

CORRECT: Huddled Group shares climb 11% as new COO, director named

17th Mar 2025 20:07

Corrects the Mike Ashley referred to in the article, who is not the former Frasers Group CEO. Read More

CORRECT: Huddled Group shares climb 11% as new COO, director named

17th Mar 2025 20:00

Corrects the Mike Ashley referred to in the article, who is not the former Frasers Group CEO. Read More

IN BRIEF: Huddled Group shares climb 11% as Mike Ashley joins board

17th Mar 2025 17:20

Huddled Group PLC - Nottingham, England-based investor in e-commerce brands - Appoints Paul Simpson as chief operating officer. Notes that Simpson was the co-founder of Nutricircle, which Huddled acquired and rebranded in 2024. Adds that Simpson will oversee the entirety of the group's operations. Also appoints Frasers Group PLC founder and former chief executive Mike Ashley as an independent non-executive director. Notes Ashley's extensive experience in consumer-centric, high-growth businesses as well as his leadership roles across various companies like Boots UK Ltd, Argos Ltd and Travis Perkins PLC. CEO Martin Higginson says: "Paul and Mike's appointments are testament to the strength of our business and the growth opportunity we have ahead of us." Read More

IN BRIEF: Frasers ups stake in Marks Electrical to over 10%

17th Mar 2025 15:30

Marks Electrical Group PLC - Leicester, England-based electrical products retailer - Frasers Group PLC has raised its stake to 10.47% from 8.08%, according to a regulatory disclosure. Frasers now owns approximately 11.0 million Marks shares as of Friday. Read More

LONDON MARKET CLOSE: Soft US CPI supports stocks despite tariff worry

12th Mar 2025 17:00

(Alliance News) - The FTSE 100 snapped a six-day losing streak on Wednesday, despite tariff niggles, aided by cooler-than-expected US consumer price inflation figures. Read More

LONDON MARKET MIDDAY: European shares up despite retail sector woe

12th Mar 2025 12:04

(Alliance News) - European equities traded confidently on Wednesday, shaking off tariff concerns and showing little signs of nerves ahead of a US inflation reading. Read More

Frasers inks 10-year strategic partnership with global retailer GMG

27th Feb 2025 14:29

(Alliance News) - Frasers Group PLC on Thursday said it signed a 10-year strategic retail partnership with Dubai-based GMG, aimed at boosting its footprint in the Gulf region and Egypt. Read More

Frasers opts against buying Norway's XXL amid shareholder opposition

21st Feb 2025 08:35

(Alliance News) - Frasers Group PLC on Thursday said it has decided against taking full ownership of Norway's XXL. Read More

LONDON BRIEFING: StanChart announces buyback as 2024 profit climbs

21st Feb 2025 07:51

(Alliance News) - London's FTSE 100 is set for a tepid open, continuing a rough week for the blue-chip benchmark, and following the lead of US stocks which fell overnight. Read More

"Back to the Mulberry spirit" for handbag maker after sales decline

30th Jan 2025 16:23

(Alliance News) - Mulberry Group PLC on Thursday said festive trade was "satisfactory", despite a sales decline, as it appointed a new finance chief and announced a "brand refresh". Read More

IN BRIEF: Frasers Group has 4.8% stake in partner THG

28th Jan 2025 10:28

THG PLC - Manchester-based e-commerce retailer of consumer beauty and nutrition products - Frasers Group PLC holds 63.1 million THG shares, a 4.8% stake, as of Friday last week, THG says in a stock exchange announcement on Tuesday, providing no other details. At the current market price, the stake is worth GBP26.6 million. Back in June, Shirebrook, England-based retailer Frasers and THG signed a cooperation agreement that included the launch of THG's Myprotein products in Frasers' Sports Direct stores. In October, Frasers invested GBP10 million in THG by taking part in an equity raise conducted to support the spin-off of THG's Ingenuity technology business. On Thursday last week, THG provided a positive trading update, having completed the demerger of Ingenuity at the start of the month. Read More

HMRC took "too narrow an approach" to Mike Ashley data request — court

27th Jan 2025 13:43

(Alliance News) - HMRC took "too narrow an approach" to retail tycoon Mike Ashley's request for personal data related to a GBP13.6 million tax dispute, the High Court has ruled. Read More

Frasers Group "deeply troubled" by boohoo as demands Kamani pay detail

22nd Jan 2025 21:29

(Alliance News) - Frasers Group PLC on Wednesday called on boohoo Group PLC to disclose the pay and contract details of Umar Kamani. Read More

IN BRIEF: boohoo Co-Founder Kane buys shares after shareholder vote

22nd Jan 2025 14:20

boohoo Group PLC - Manchester, England-based online fast fashion retailer - Co-Founder & Executive Director Carol Kane buys 330,295 shares at 30.20 pence, worth GBP99,749, on Tuesday. That day, boohoo shareholders rejected a proposal by Frasers Group PLC to remove Kane's co-founder, Vice Chair Mahmud Kamani, from the board. In December, Frasers had tried to appoint its own founder and former chief executive, Mike Ashley, to boohoo's board, which also was rejected by boohoo shareholders. Read More

boohoo rejects Frasers proposal to remove founder from board

21st Jan 2025 13:53

(Alliance News) - boohoo Group PLC on Tuesday said shareholders rejected a proposal by Frasers Group PLC to remove founder and Vice Chair Mahmud Kamani from the board. Read More

LONDON MARKET CLOSE: Europe trades higher but US stocks struggle

27th Dec 2024 16:53

(Alliance News) - London's FTSE 100 underperformed against European peers in a quiet final Friday of the year, as eyes were on fashion retailers in the wake of the Christmas period. Read More

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