(Alliance News) - Frasers Group PLC reported on Tuesday that it has entered into a 25-year retail agreement with Accent Group Ltd, raising its stake to 19.57%. Read More
(Alliance News) - Aurora UK Alpha PLC on Tuesday reported a negative total return for 2024, underperforming its benchmark as a weak second half offset early gains. Read More
(Alliance News) - Frasers Group PLC on Wednesday said it has expanded its strategic investment in German fashion house Hugo Boss AG, increasing its shareholding and deepening its exposure through the sale of further put options. Read More
THG PLC - Manchester-based e-commerce retailer of consumer beauty and nutrition products - Frasers Group PLC ups stake in THG to 10.9%, as of Friday, from 6.1%. Frasers now holds 151.9 million shares in the company, THG says in a stock exchange announcement on Monday, providing no other details. At the current market price, the stake is worth GBP49.1 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. Frasers took a 4.8% stake in January this year, which was increased to 6.1% early in March. Last Thursday, THG confirmed the structure of its GBP90 million fundraise, consisting of a GBP22 million share placing and a GBP68 million convertible loan, with Founder & Chief Executive Officer Matthew Moulding contributing two-thirds of the total. Read More
(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
(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
(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
(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
Corrects the Mike Ashley referred to in the article, who is not the former Frasers Group CEO. Read More
Corrects the Mike Ashley referred to in the article, who is not the former Frasers Group CEO. Read More
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
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
(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
(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
(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
(Alliance News) - Frasers Group PLC on Thursday said it has decided against taking full ownership of Norway's XXL. Read More
(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
(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
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
(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