Frasers Group news and archive

Frasers Group report strong H1 driven by international growth

Frasers Group PLC reported a "solid start" to the first half of fiscal year 2026, driven by continued progress in its Elevation Strategy and strong international expansion, despite challenging market conditions and excess industry inventory. Group revenue rose 5 percent to 2.6 billion pounds, primarily fueled by international retail, which saw a...

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Business|Updated

Hugo Boss defends supervisory chair after Frasers Group pulls backing

The chairman of the supervisory board at Hugo Boss has lost the backing of the fashion group’s largest shareholder, Frasers Group, intensifying tensions at the top of the German luxury apparel company. In a mandatory announcement published late Friday, Frasers Group said it no longer supports Stephan Sturm in his role as supervisory board chair....

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Frasers Group acquires Hervis stores in Hungary and Romania

Austrian sporting goods retailer Hervis, owned by the Spar Group, is withdrawing from two markets. Hervis Sport- und Modegesellschaft mbH has concluded an agreement with Frasers Group (European Holdings) Limited, part of the UK retail group Frasers Group Plc, regarding the sale of the companies Hervis Hungary (Hervis Sport és Divatkereskedelmi...

Retail

Frasers Group snaps up Braehead Shopping Centre expanding retail network

British retail giant Frasers Group is continuing its retail network expansion with the acquisition of Renfrew’s Braehead Shopping Centre. The Scottish site was offloaded by SGS UK Retail, which initiated a transformation of the shopping centre as part of a wider restructuring at the company, strengthening its market position and sales...

Retail|In Pictures

Sport Direct unveils “elevated” flagship in Liverpool

Sports Direct, Europe’s biggest retailer of sports and fitness footwear, clothing and equipment, which is part of the Frasers Group, has unveiled a new elevated store format in Liverpool, offering consumers a retail space to both shop and workout. The new store opening on Liverpool’s Church Street marks the next phase in the brand’s vision to...

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Frasers Group becomes majority stakeholder in luxury retailer The Webster

The Webster is set to sell a majority stake of the company to British retail giant Frasers Group as part of a new strategic partnership. The leading shareholder position is currently held by founder and chief executive officer of the luxury retailer Laure Hériard Dubreuil and her family. Through the deal, Frasers intends to provide its own...

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Frasers Group appoints Andy Lyon and Jacky Wright as non-executive directors

Frasers Group plc has announced two new non-executive director appointments to its board, effective September 24, 2025, as part of its ongoing effort to strengthen its governance and drive the Elevation Strategy. The new directors, Andy Lyon and Jacky Wright, replace David Daly, Ger Wright, and Helen Wright, who stepped down at the company's...

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Frasers Group strengthens board with digital expert Jacky Wright

Frasers Group has announced the proposed appointment of Jacky Wright as a non-executive director, effective September 24, 2025, pending final board approval. This move is part of the company’s ongoing commitment to elevating its board and supporting its long-term growth strategy. Jacky Wright brings more than three decades of experience in...

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Three giants, three strategies: Evolving retail strategies among the UK’s top players

While many may have spent the summer relaxing, the UK’s leading fashion groups used the period to evolve their strategies, focusing on efficiency, growth and digital transformation. Here is an intricate look at how Frasers Group, Next and Debenhams Group spent the holidays. Frasers Group: Elevation and efficiency Frasers Group, the parent...

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Frasers Group names new chair in boardroom reshuffle

British retail giant Frasers Group has initiated a reshuffle of its boardroom upon the exit of its chairman, David Daly. Daly, who has been with the company for eight years, will be stepping down on September 24 following the company’s AGM. Daly is to be succeeded by Jon Thompson, who will step into the role of chair on September 1. Thompson...

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Business

Frasers Group rescues tech retailer eBuyer from administration

Sports Direct-owner Frasers Group has acquired British tech retailer eBuyer out of administration. Media reports had initially suggested that administrators at FRP Advisory were appointed by eBuyer to oversee the process, resulting in the closure of its e-commerce store. With Frasers stepping in, however, the site is now live again. The...

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Tensions heighten: Frasers demands investigation into Boohoo’s Kamani amid loan scandal

Frasers Group has demanded an investigation and suspension of Mahmud Kamani, the executive vice chair of Debenhams Group, after he was accused of making loans to suppliers. The retail group, owned by Mike Ashley, issued an open letter to Debenhams following the publication of an article by the Telegraph last week that suggested Kamani, founder...