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The Latest Breaking News from Frasers Group

Frasers Group warns of ‘softening’ in global luxury market as sales fall

Cost of living crisis partly responsible but total sales at Mike Ashley’s company rise

The Guardian - UK

Will a pro team be riding Enve bikes in 2024?: Tech of the month November

Shockwaves travel through the industry as WiggleCRC seeks a buyer, Lapierre exits the World Tour and will Enve be bike sponsor to Team Total Energies?

Cycling Weekly

Mike Ashley's Frasers Group further increases stake in N Brown

N Brown's brands are JD Williams, Simply Be and Jacamo

Birmingham Post

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Mike Ashley's Frasers Group ups AO stake for a third time

The owner of House of Fraser and Sports Direct is AO's largest shareholder

Birmingham Post

Billionaire's hedge fund sells almost entire Boohoo stake after shares drop

Mike Ashley's Frasers Group acquired a stake in Boohoo earlier this week

Birmingham Post

Mike Ashley’s Frasers Group buys 5% Boohoo stake in online shopping spree

Sale adds to flurry of investments by owner of Sports Direct, including in Currys, AO and Asos

The Guardian - UK

Mike Ashley's retail empire buys into fashion giant Boohoo

Frasers Group recently invested over £75m to become AO's largest shareholder

Manchester Evening News

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Mike Ashley's Frasers Group acquires stake in fashion giant Boohoo

The move comes after Frasers Group acquired an 8.9% stake in electricals retailer Currys

Birmingham Post

Mike Ashley's Frasers Group increases stake in AO

The original deal saw Frasers Group acquire a stake of just under 19% in AO for £75m

Birmingham Post

AO, LDC and Mike Ashley's Frasers Group: The 14 latest North West deals

BusinessLive has rounded up some of the latest top deals you should not miss

Birmingham Post

Mike Ashley stretches the edges of Frasers’ ‘ecosystem’ with AO World stake

Strategically questionable 18.9% stake in the white goods seller suggests the Sports Direct founder still can’t resist a punt

The Guardian - UK

The Mancunian Way: Citehhh!

City’s victory parade PLUS The long walk home from Parklife AND Arguing against the ‘concrete monstrosity’

Manchester Evening News

Mike Ashley's retail empire buys £75m stake in electricals giant AO

Frasers Group has snapped up a number of Manchester companies over the last year or so

Manchester Evening News

Mike Ashley’s Frasers Group takes 19% stake in AO World

Move to buy £75m of shares in UK’s biggest seller of large domestic appliances

The Guardian - UK

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Birmingham Post

Mike Ashley's Frasers Group buys £75m stake in AO

The shares had been held by hedge fund Odey Asset Management

Birmingham Post

Frasers Group said to be planning 200 job cuts in Derbyshire and London

It said 'We are reviewing our team structures to identify efficiencies and streamline processes'

The Guardian - UK

Leicester garment makers warn of crisis as fast-fashion brands squeeze suppliers

Midlands city’s industry alleges firms are forcing through discounts and imposing financial penalties over small errors

Glasgow Live

Glasgow House of Fraser to undergo major redevelopment to become 'luxury flagship store'

Glasgow is set to become the home of the first Frasers luxury flagship store with a major redevelopment planned for the next iconic building later this year.

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news in one place.

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Birmingham Post

Over 100 jobs to be created as Studio Retail splits off from financial services division

Studio Retail was rescued out of administration by Mike Ashley's Frasers Group in February 2022

Cycling Weekly

Sports Direct owner Mike Ashley set to take over cycling retailer ProBikeKit

The sportswear tycoon, owner of Sports Direct, set to take stock and IP assets from THG

Birmingham Post

Mike Ashley's Frasers Group in talks with THG over ProBikeKit deal

ProBikeKit sells cycling clothing and accessories from over 100 brands including Adidas, Raleigh and Michelin

The Independent UK

Coventry agree five-year deal with Frasers Group to play at CBS Arena

The Sky Blues were initially given an eviction notice in December after failing to agree a new lease.

Daily Mirror

Sports Direct urged to stop using facial recognition cameras and 'secret watchlists'

In a scathing letter to boss Mike Ashley, 42 politicians from all major parties warn the technology "treats everyone who passes the camera like a potential criminal"

The Guardian - UK

MPs condemn Frasers Group’s use of facial recognition cameras in stores

Exclusive: Cross-party collection of parliamentarians write letter to Sports Direct owner’s company

Chronicle Live

Rooftop bar plans for Newcastle city centre's Monument Mall as Sports Direct moves

Reuben Brothers bought the luxury mall two years ago and can make changes now the Sports Direct store is on the move

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