Frasers Group news and archive

Frasers integrates Sports Direct membership into updated loyalty programme

Frasers Group is continuing to reinvent its loyalty programme, this time by integrating the membership offering of its sportswear retailer, Sports Direct, into the initiative. By doing so, Frasers Plus moves another step closer to the retail group’s mission of creating one unified rewards platform. The programme intends to simplify shopping...

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Founders of members-only platform Mile acquire Matches, prepare for 2026 relaunch

After a tenuous period that brought uncertainty to the future of Matches, it appears the ailing British e-tailer may have found a more promising home. Hulcan, a new luxury group created by the co-founders of members-only platform Mile, has stepped up to acquire the company as it prepares for a 2026 relaunch. The deal – financial details of which...

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Frasers Group reportedly eyeing SilkFred takeover

Frasers Group is said to be mulling a takeover of troubled e-tailer SilkFred. According to sources for Drapers, the British retail giant is one of three parties considering a takeover. SilkFred appointed administrators from Quantuma in November after becoming “another victim of tough trading conditions”, the firm’s managing director, Andrew...

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Swindon Designer Outlet joins Frasers Group's expanding retail property portfolio

Frasers Group plc, announced today its acquisition of the Swindon Designer Outlet, in a move it describes as a significant step toward its ambition of "building the planet's most admired and compelling brand ecosystem." The acquisition of the 250,000 sq. ft. outlet, which first opened in 1997 and attracts over 3 million visitors annually, is a...

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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...