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...

Sports Direct owner buys historic Savile Row tailor

Sep 20,2022 3:10 am

By Noor NanjiBusiness reporter, BBC News

Sports Direct owner Frasers Group is buying Gieves & Hawkes, the historic Savile Row tailor, The Bbc has learned.

The Frasers Group 's chief executive said The Move secured " a long-term future" for the 250-Year -old firm.

The retail giant, which was founded by Mike Ashley , emerged as a potential buyer of Gieves & Hawkes in September.

It is understood all five of Gieves & Hawkes's UK stores will be part of The Deal , including the flagship location at Number 1 Savile Row in London.

The Shop is one of The World 's most famous fashion addresses, with other stores located in Bath, Birmingham, Chester and Winchester.

Gieves & Hawkes is one of the oldest bespoke tailoring companies.

But it has faced uncertainty ever since its Hong Kong-based owner collapsed into liquidation Last Year .

Michael Murray , chief executive of Frasers Group , commented: " We Are delighted to have acquired Gieves & Hawkes, securing a long-term future for an iconic 250-Year -old brand.

" This acquisition further adds to our portfolio of strategic investments in luxury and premium brands. "

Retail billionaire Mike Ashley has been one of The High Street's most prominent and colourful figures since founding Sports Direct, which eventually became Frasers Group , 40 Years ago.

Mr Ashley recently stepped down from the board of Frasers Group but remains The Group 's controlling shareholder.

He had already handed over the running of The Group to his son-in-law Mr Murray earlier this Year .



Source of news: bbc.com

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