Frasers Group news and archive

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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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...

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Debenhams Group addresses speculation over debt facility

Debenhams Group – formerly Boohoo Group – has addressed speculation regarding a possible new debt facility, clarifying the nature of its financial plans. In a regulatory filing, the retailer confirmed that it has in place an existing 125 million pound revolving credit facility which does not expire until October 2026. Debenhams further stated...

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Frasers Group FY25 results: Profit up despite revenue dip

Frasers Group PLC today announced its full-year financial results for the 52 weeks ended April 27, 2025, highlighting another year of profitable growth and progress against its Elevation Strategy. The Group reported an adjusted profit before tax of 560.2 million pounds, marking a 2.8 percent increase year-on-year. Despite a 7.4 percent decrease...

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Next and Frasers said to be in running for Seraphine rescue deal

Following Seraphine’s descent into administration last week, speculation over potential saviours are beginning to swirl. Among them, British retail giants Next and Frasers Group are said to be frontrunners in potential deals to rescue the maternity wear brand. According to sources for Drapers, dubbed “several industry veterans”, the two firms...

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Frasers Group refinances with new 3 billion pounds credit facility

Frasers Group PLC has successfully secured a new term loan and revolving credit facility totalling up to 3 billion pounds, replacing its previous financing arrangements of 1.65 billion pounds (excluding Frasers Group Financial Services Limited's securitised loan). The new facility is set for a three-year term, with the option for two one-year...