Frasers Group photograph

Frasers Group

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Stock price FRAS
Disclaimer
Owners Mike Ashley
Ceo Mike Ashley
Revenue3. 36 billion GBP (2018)
HeadquartersShirebrook
United Kingdom
Founders Mike Ashley
Subsidiaries SportsDirect. com
Slazenger
House of Fraser
Date of Reg.
Date of Upd.
ID2323365
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About Frasers Group


Frasers Group plc, formerly Sports Direct International plc, is a British retailing group. Established in 1982 by Mike Ashley, the company is the United Kingdom's largest sports-goods retailer and operates roughly 670 stores worldwide.

Fast fashion giant Shein buys Missguided brand from Frasers Group

Fast fashion giant Shein buys Missguided brand from Frasers Group
Oct 30,2023 4:11 am

...Chinese clothing giant Shein is buying the Missguided brand name from Frasers Group little more than a year after the British firm rescued the business...

AI facial recognition: Campaigners and MPs call for ban

AI facial recognition: Campaigners and MPs call for ban
Oct 5,2023 7:31 pm

... In April, Frasers Group - which operates Sports Direct, Flannels and House of Fraser - defended its use of live facial recognition cameras in some of its shops, saying the Ms Carlo, of Big Brother Watch, argued the UK s " approach to face surveillance makes us a total outlier in the democratic world, especially against the backdrop of the EU s proposed ban"...

Shein in talks to buy Missguided from Mike Ashley's Frasers Group

Shein in talks to buy Missguided from Mike Ashley's Frasers Group
Sep 17,2023 7:41 am

...Mike Ashley s Frasers Group is in talks to sell its Missguided clothing brand to online fashion giant Shein, the BBC understands...

Mike Ashley doesn't get Flannels' luxury appeal, says CEO

Mike Ashley doesn't get Flannels' luxury appeal, says CEO
May 20,2023 7:50 pm

... But a year after taking over as CEO of Frasers Group from his father-in-law, Michael Murray told the BBC he is reinventing the company his way...

The high street shops thriving after a tough year

The high street shops thriving after a tough year
Dec 29,2022 8:01 pm

... Flannels, part of Frasers Group, is one of a surprising number of brands expanding on the UK s high streets...

Sports Direct owner buys historic Savile Row tailor

Sports Direct owner buys historic Savile Row tailor
Nov 24,2022 4:11 pm

...By Noor NanjiBusiness reporter, BBC NewsSports Direct owner Frasers Group is buying Gieves & Hawkes, the historic Savile Row tailor, the BBC has learned...

Frasers Group said to be close to buying Savile Row tailor - report

Frasers Group said to be close to buying Savile Row tailor - report
Nov 13,2022 11:30 pm

...Sports Direct owner Frasers Group is reported to be close to securing the purchase of Gieves & Hawkes, the historic Savile Row tailor...

Sports Direct-owner builds stake in Asos

Sports Direct-owner builds stake in Asos
Oct 24,2022 2:30 am

... Frasers Group, which is owned by billionaire Mike Ashley, now owns 5% of Asos after building up shares in the company which owns the Topshop brand...

AI facial recognition: Campaigners and MPs call for ban

Sep 20,2022 3:10 am

By Imran Rahman-Jones & Liv McMahonTechnology reporters, BBC News

Police and private companies should " immediately stop" The use of Facial Recognition surveillance, says a group of politicians and privacy campaigners.

They have raised concerns around Human Rights , potential for discrimination and " The lack of a democratic mandate".

It Comes after The government announced plans for police to access passport photos to help catch criminals.

The Home Office said Facial Recognition had " a sound legal basis" and had already led to criminals being caught.

A spokesperson added that The technology could also aid police in searching for missing or vulnerable people, and free up officers to " be out on The beat" and to carry out complex investigations.

Live Facial Recognition cameras scan faces of The Public in specific locations and compare these with people on " watch lists" who may be wanted by police or The courts in association with crimes.

Police forces using The technology in The UK inform citizens in advance about when and where it will be deployed, and display physical notices alerting those entering areas where it is active to The Presence of cameras.

But This Week , policing minister Chris Philp said he wanted officers to be able to access a wider range of databases for images besides those on its national database, which is limited to those who have been arrested.

Campaigners have called for it to be banned " immediately".

" This dangerously authoritarian technology has The potential to turn populations into walking ID cards in a constant police Line Up , " says Silkie Carlo, The Director of privacy organisation Big Brother Watch.

The Group calling for The ban includes parliamentarians from The Conservatives, Labour, Liberal Democrat and Green parties, along with campaigning organisations such as Amnesty, Index on Censorship and Big Brother Watch.

The UK's surveillance camera commissioner has also criticised The plans, saying they could damage Public Trust and make passport-holders feel As If they were in a " digital line-up".

South Wales Police has been criticised over its live Facial Recognition use at events including Harry Styles and Beyoncé concerts in Cardiff. The Metropolitan Police has used it several times this year, including at The King 's Coronation in May.

Both forces have said that if a person is not on a watch list, The biometric data will be immediately deleted and not stored.

In April, Frasers Group - which operates Sports Direct, Flannels and House of Fraser - defended its use of live Facial Recognition cameras in some of its shops, saying The

Ms Carlo, of Big Brother Watch, argued The UK's " approach to face surveillance makes us a total outlier in The democratic world, especially against The backdrop of The EU's proposed ban".

Members of The European Parliament agreed to ban live Facial Recognition using AI in a draft of its Artificial Intelligence (AI) Act - The EU's landmark legislation categorising different applications of AI according to their harm to The Public .

The Home Office said The government was " committed to making sure The Police have The tools and technology they need to solve and prevent crimes, bring offenders to justice, and keep people safe".

" Facial Recognition , including live Facial Recognition , has a sound legal basis that has been confirmed by The courts and has already enabled a large number of serious criminals to be caught, including for murder and sexual offences, " a spokesperson said.

They added there was a " robust legal framework for it use".

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Source of news: bbc.com

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