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STU.L (STU) Share News

Frasers buys operations of failed Studio Retail for GBP27 million

25th Feb 2022 10:58

(Alliance News) - Frasers Group PLC said Friday it has acquired Studio Retail Ltd, the main operating business of Lancashire-based Studio Retail Group PLC, for GBP26.8 million in total. Read More

LONDON MARKET MIDDAY: Stocks tank as war threat intensifies

14th Feb 2022 12:05

(Alliance News) - Global equities tumbled on Monday as mounting fears of a Russian attack on Ukraine spooked markets, which have already been bruised by lingering inflationary worries and looming monetary policy tightening by the US Federal Reserve. Read More

IN BRIEF: Studio Retail to appoint administrators; shares suspended

14th Feb 2022 11:08

Studio Retail Group PLC - Lancashire, England-based home shopping company - Announces it will file a notice of intention to appoint administrators to company and wholly owned subsidiary, Studio Retail Ltd. Follows failed financing attempt for additional working capital needed to fund the company as it sells off surplus stock. Had requested GBP25 million short-term loan from its lending banks, but was unable to reach any agreements. Studio Retail counts Frasers Group PLC as a shareholder. Read More

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