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Frasers Group (FRAS) Share News

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

boohoo completes London office sale; Frasers pursues board position

23rd Dec 2024 09:27

(Alliance News) - boohoo group PLC on Monday announced it has completed the sale of its London office in Soho. Read More

LONDON MARKET OPEN: Christmas comes early for Direct Line investors

23rd Dec 2024 08:59

(Alliance News) - Stock prices in London opened mostly lower on Monday following distinctly un-festive domestic GDP and consumer sentiment announcements. Read More

LONDON BRIEFING: Lower call as Brits fear "January spending squeeze"

23rd Dec 2024 07:59

(Alliance News) - Stocks in London were called to open down on Monday morning, as investors digest some unwelcome UK economic news at the start of a holiday-shortened week. Read More

boohoo holders reject Frasers board appointments at general meeting

20th Dec 2024 13:14

(Alliance News) - boohoo Group PLC on Friday said its shareholders "overwhelmingly" voted against the resolutions put forward by Frasers Group PLC in its much anticipated general meeting. Read More

LONDON MARKET MIDDAY: Stocks slump ahead of PCE; Novo Nordisk plunges

20th Dec 2024 12:19

(Alliance News) - Stocks in London were in the red at midday on Friday as drab retail sales data added to the decidedly unfestive mood in equity markets. Read More

LONDON MARKET OPEN: boohoo investors meet at Frasers founder's bequest

20th Dec 2024 09:02

(Alliance News) - Stock prices in London opened lower on Friday, after disappointing domestic retail sales figures and ahead of US personal consumption expenditures data. Read More

boohoo says Frasers Group can have seat on board — but not Mike Ashley

13th Dec 2024 09:10

(Alliance News) - boohoo Group PLC has offered its largest shareholder Frasers Group PLC a seat on its board – but not for the retail tycoon Mike Ashley, Frasers' founder. Read More

LONDON MARKET CLOSE: Stocks green with no eurozone rate surprises

12th Dec 2024 16:51

(Alliance News) - Stock prices in London closed mostly higher on Thursday, following surprises in the latest US unemployment and inflation data. Read More

IN BRIEF: boohoo says adviser recommends voting against Frasers

12th Dec 2024 12:12

boohoo Group PLC - Manchester-based owner of PrettyLittleThing, Karen Millen and Debenhams - Says independent proxy adviser Glass Lewis recommends voting against Frasers Group PLC-backed resolutions at the forthcoming general meeting. Frasers is seeking to appoint founder Mike Ashley and insolvency expert Mike Lennon to the boohoo board. Read More

boohoo and Frasers continue to trade barbs ahead of shareholder vote

10th Dec 2024 13:42

(Alliance News) - boohoo Group PLC on Tuesday again asked its shareholders to vote against resolutions at its upcoming general meeting, as the firm's boardroom struggle continues. Read More

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