TOP NEWS: Frasers posts half-year profit growth and backs outlook
7th Dec 2023 08:41
(Alliance News) - Frasers Group PLC on Thursday reported interim profit growth and said it expects progress to continue. Read More
(Alliance News) - Frasers Group PLC on Thursday reported interim profit growth and said it expects progress to continue. Read More
(Alliance News) - London's FTSE 100 made a slow start on Thursday, after equities in Asia struggled following Chinese trade data which failed to soothe growth worries about the world's second-largest economy. Read More
Frasers Group PLC - Shirebrook, England-based owner of Sports Direct, Frasers and Flannels retail chains - Withdraws from agreement to acquired SportScheck GmbH from Signa Retail Department Store Holding GmbH, as announced last month, as SportScheck has filed for insolvency. The deal was subject to merger control clearance before Frasers pulled out. Says: "While Frasers is disappointed by the insolvency of SportScheck, it continues to believe that SportScheck is an attractive asset in one of Europe's most important markets for sports and it intends to work with the appointed preliminary insolvency administrator of SportScheck with a view to acquiring the SportScheck business/assets out of administration. Frasers remains committed to our ambition to become the leading sports retailer in [Europe, the Middle East & Africa]." Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More
(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum. Read More
(Alliance News) - Global markets saw a lacklustre session this Black Friday, with European markets edging just slightly higher. Read More
(Alliance News) - Frasers Group PLC on Tuesday launched a buyback of up to GBP80.0 million worth of its shares. Read More
(Alliance News) - A subdued start to the week for European equities continued on Tuesday, with hawkish words from a US central banker supporting the dollar and making some rethink their interest rate outlook for the Federal Reserve. Read More
(Alliance News) - Frasers Group PLC on Monday announced a deal which could see it work closely with Shein further down the line, something which analysts believe could reap long-term benefits. Read More
(Alliance News) - Stock prices in London were firmly up at midday on Monday, as investors awaited this week's central bank decisions in Japan, the US and the UK. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More
(Alliance News) - Stock prices in London opened higher on Monday, as investors anticipated the week's central bank meetings, and considered the latest events in the Middle East. Read More
Frasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - Sells the intellectual property of Missguided Ltd to Shein Group UK Ltd, a fashion and lifestyle e-retailer. Shein will acquire both the intellectual property and trademarks of Missguided, though Frasers doesn't specify at what cost. However, Frasers retains Missguided's real estate and employees, which have now been integrated into its fashion division. Read More
(Alliance News) - Frasers Group PLC on Tuesday said it agreed to acquire SportScheck, "one of the leading sports retailers in Germany", from Signa Retail Department Store Holding GmbH for an undisclosed fee. Read More
(Alliance News) - Frasers Group PLC on Tuesday said it agreed to acquire Sportscheck, "one of the leading sports retailers in Germany", from Signa Retail Department Store Holding GmbH for an undisclosed fee. Read More
(Alliance News) - European equities found their groove in afternoon dealings, supported by a decent start in New York, with the lack of an escalation in Middle East tensions enough for investors to buy into equities again. Read More
(Alliance News) - Frasers Group PLC has lifted its stakes in online clothing retailers Asos PLC and boohoo Group PLC, according to filings on Monday. Read More
(Alliance News) - Stocks in Europe ended higher on Friday, growing in confidence as the afternoon wore on, despite being initially unnerved by a stronger-than-expected US labour market reading. Read More
(Alliance News) - boohoo Group PLC cut its revenue outlook on Tuesday but painted a promising picture of its future, seeing a "clear path" to revival of its fortunes. Read More