Mike Ashley's Frasers' annual revenue misses expectations Frasers Group has today reported lower-than-expected annual revenue as the British retailer grappled with a tough luxury market and took a hit from closures of unprofitable stores, sending its shares lower. Business • 17 Jul
Mike Ashley's Frasers' annual revenue misses expectations Frasers Group has today reported lower-than-expected annual revenue as the British retailer grappled with a tough luxury market and took a hit from closures of unprofitable stores, sending its shares lower. Business • 17 Jul
Frasers Group pulls out of Revolution Beauty bid Billionaire Mike Ashley's Frasers Group said today it will not make an offer for struggling British cosmetics group Revolution Beauty. Business • 19 Jun
Frasers Group pulls out of Revolution Beauty bid Billionaire Mike Ashley's Frasers Group said today it will not make an offer for struggling British cosmetics group Revolution Beauty. Business • 19 Jun
Frasers Group to launch Sports Direct in Australia, NZ Sportswear and fashion group Frasers Group said it had raised its stake in Australian footwear retailer Accent Group to 19.57% and signed a 25-year deal to launch and operate Sports Direct in Australia and New Zealand. Business • 15 Apr
Frasers Group to launch Sports Direct in Australia, NZ Sportswear and fashion group Frasers Group said it had raised its stake in Australian footwear retailer Accent Group to 19.57% and signed a 25-year deal to launch and operate Sports Direct in Australia and New Zealand. Business • 15 Apr
Frasers demands appointment of Ashley as boss of Boohoo Sports Direct owner Frasers Group has demanded the appointment of its founder Mike Ashley as chief executive of Boohoo as it warns over a mounting "crisis" at the struggling online fashion firm. Business • 24 Oct 24
Frasers demands appointment of Ashley as boss of Boohoo Sports Direct owner Frasers Group has demanded the appointment of its founder Mike Ashley as chief executive of Boohoo as it warns over a mounting "crisis" at the struggling online fashion firm. Business • 24 Oct 24
Mulberry rejects Frasers' takeover proposal as untenable British luxury brand Mulberry has today rejected a second takeover proposal from Mike Ashley's Frasers Group, calling it "untenable". Business • 22 Oct 24
Mulberry rejects Frasers' takeover proposal as untenable British luxury brand Mulberry has today rejected a second takeover proposal from Mike Ashley's Frasers Group, calling it "untenable". Business • 22 Oct 24
Frasers buys THG's portfolio of luxury goods websites British e-commerce firm THG has agreed to sell its portfolio of luxury goods websites to Mike Ashley's Frasers Group for an undisclosed sum, it said today. Business • 24 Jun 24
Frasers buys THG's portfolio of luxury goods websites British e-commerce firm THG has agreed to sell its portfolio of luxury goods websites to Mike Ashley's Frasers Group for an undisclosed sum, it said today. Business • 24 Jun 24
Frasers Group's profit doubles as retail empire grows Sports Direct owner Frasers Group has reported a "record" financial performance with profits doubling after the high street empire took more brands under its wing. Business • 27 Jul 23
Frasers Group's profit doubles as retail empire grows Sports Direct owner Frasers Group has reported a "record" financial performance with profits doubling after the high street empire took more brands under its wing. Business • 27 Jul 23
Currys profit weighed down by weak Nordics unit British electricals retailer Currys said today it is not paying a final dividend and would be prudent in its planning as it is concerned about the economic outlook in its main markets. Business • 06 Jul 23
Currys profit weighed down by weak Nordics unit British electricals retailer Currys said today it is not paying a final dividend and would be prudent in its planning as it is concerned about the economic outlook in its main markets. Business • 06 Jul 23
Frasers raises Hugo Boss exposure and buys ASOS stake Mike Ashley's Frasers Group said today it had increased its maximum exposure to Hugo Boss to £840m. Business • 24 Oct 22
Frasers raises Hugo Boss exposure and buys ASOS stake Mike Ashley's Frasers Group said today it had increased its maximum exposure to Hugo Boss to £840m. Business • 24 Oct 22
Mike Ashley to step down as Frasers' director Mike Ashley, one of Britain's best known and most outspoken business leaders, will step down as a director at sportswear and fashion retail group Frasers in October. Business • 20 Sep 22
Mike Ashley to step down as Frasers' director Mike Ashley, one of Britain's best known and most outspoken business leaders, will step down as a director at sportswear and fashion retail group Frasers in October. Business • 20 Sep 22
Mike Ashley's Frasers buys 29% stake in Mysale Mike Ashley's Frasers Group has acquired a 28.7% holding in MySale, sending shares in the Australian-based fashion marketplace up 20%. Business • 30 Jun 22
Mike Ashley's Frasers buys 29% stake in Mysale Mike Ashley's Frasers Group has acquired a 28.7% holding in MySale, sending shares in the Australian-based fashion marketplace up 20%. Business • 30 Jun 22
Frasers Group to open two retail stores in Ireland Frasers Group is set to open its first two Frasers retail stores in Ireland, creating what it described as a "significant" number of jobs. Business • 13 Aug 21
Frasers Group to open two retail stores in Ireland Frasers Group is set to open its first two Frasers retail stores in Ireland, creating what it described as a "significant" number of jobs. Business • 13 Aug 21
Frasers flags possible store closures Mike Ashely-owned Frasers Group has today warned of possible store closures after it reviews its estate, as the company said government aid for the coronavirus-battered retail sector was not good enough. Business • 05 Mar 21
Frasers flags possible store closures Mike Ashely-owned Frasers Group has today warned of possible store closures after it reviews its estate, as the company said government aid for the coronavirus-battered retail sector was not good enough. Business • 05 Mar 21
Frasers Group issues profit warning Mike Ashley's Frasers Group has withdrawn its 2021 forecast after it was forced to shut all its stores in London and several parts of England as a fast-spreading new strain of the coronavirus called for tougher restrictions. Business • 21 Dec 20
Frasers Group issues profit warning Mike Ashley's Frasers Group has withdrawn its 2021 forecast after it was forced to shut all its stores in London and several parts of England as a fast-spreading new strain of the coronavirus called for tougher restrictions. Business • 21 Dec 20
Frasers raises 2021 forecast after strong first-half Mike Ashley's British sportswear group Frasers has reported a 25% rise in first-half core earnings and raised the lower end of its annual forecast, boosted by online sales and store re-openings after coronavirus-led lockdowns. Business • 10 Dec 20
Frasers raises 2021 forecast after strong first-half Mike Ashley's British sportswear group Frasers has reported a 25% rise in first-half core earnings and raised the lower end of its annual forecast, boosted by online sales and store re-openings after coronavirus-led lockdowns. Business • 10 Dec 20
Frasers Group in talks to buy collapsed Debenhams Mike Ashley's Frasers Group said it is in negotiations to buy collapsed British department store chain Debenhams from administrators in a potential rescue deal. Business • 07 Dec 20
Frasers Group in talks to buy collapsed Debenhams Mike Ashley's Frasers Group said it is in negotiations to buy collapsed British department store chain Debenhams from administrators in a potential rescue deal. Business • 07 Dec 20
Liquidators appointed to Irish firms in Arcadia group Joint provisional liquidators have been appointed by the High Court to four Irish operating companies that are part of the UK fashion group Arcadia. Business • 30 Nov 20
Liquidators appointed to Irish firms in Arcadia group Joint provisional liquidators have been appointed by the High Court to four Irish operating companies that are part of the UK fashion group Arcadia. Business • 30 Nov 20
Frasers raises Mulberry stake to 37%, considers offer Mike Ashley's Frasers Group has raised its stake in Mulberry to just under 37% and could make an offer for the British luxury brand, it said today. Business • 19 Nov 20
Frasers raises Mulberry stake to 37%, considers offer Mike Ashley's Frasers Group has raised its stake in Mulberry to just under 37% and could make an offer for the British luxury brand, it said today. Business • 19 Nov 20
Ashley's Frasers forecasts growth in 2020-21 Mike Ashley's Frasers Group, formerly Sports Direct, has reported a 5% rise in 2019-20 core earnings and forecast growth of up to 30% in its new financial year. Business • 20 Aug 20
Ashley's Frasers forecasts growth in 2020-21 Mike Ashley's Frasers Group, formerly Sports Direct, has reported a 5% rise in 2019-20 core earnings and forecast growth of up to 30% in its new financial year. Business • 20 Aug 20
French Connection says could run out of cash in months French Connection is the latest major retailer to warn it could run out of cash within months, saying it was in talks with investors over new funding but had struggled to access government support schemes during the Covid-19 crisis. Business • 19 May 20
French Connection says could run out of cash in months French Connection is the latest major retailer to warn it could run out of cash within months, saying it was in talks with investors over new funding but had struggled to access government support schemes during the Covid-19 crisis. Business • 19 May 20
Sports Direct won't open its stores in u-turn Sports Direct stores will only open if they are given permission to do so, the finance chief of the retailer's parent group said today, clarifying an earlier email to its staff. Business • 24 Mar 20
Sports Direct won't open its stores in u-turn Sports Direct stores will only open if they are given permission to do so, the finance chief of the retailer's parent group said today, clarifying an earlier email to its staff. Business • 24 Mar 20
