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The Latest Breaking News from Frasers Group

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

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

The shares had been held by hedge fund Odey Asset Management

Birmingham Post

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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'

Birmingham Post

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

The Guardian - UK

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.

Glasgow Live

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

Birmingham Post

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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

Cycling Weekly

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

Birmingham Post

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.

The Independent UK

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"

Daily Mirror

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

The Guardian - UK

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

Chronicle Live

Frasers Group acquires the Overgate Shopping Centre

Mike Ashley adds the Dundee-based mall to his growing retail empire

Insider UK

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The National (Scotland)

Sports Direct owner Mike Ashley buys massive Scottish shopping centre

BILLIONNAIRE businessman Mike Ashley has bought a Scottish shopping centre ...

Birmingham Post

The five challenges facing fast fashion after the rise and fall of In The Style

Missguided, I Saw It First and Lavish Alice have all faced financial troubles over the last year

Manchester Evening News

Mancs became millionaires with these big brands... then things started to go wrong

Brands such as Missguided and I Saw It First have faced financial troubles in the last year

Birmingham Post

JD Sports, In The Style and EG Group: The 10 latest North West deals

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

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Birmingham Post

Mike Ashley's Frasers Group completes acquisition of final brands from JD Sports in near £50m deal

The deal was first announced in December when an agreement was reached for JD Sports to dispose of 15 brands

Liverpool Echo

Couple 'owed thousands' from Tessuti influencer events

Michelle and Michael Waterfield claim they are owed more than £2,000 after working on events

Birmingham Post

JD Sports completes sale of five brands to Mike Ashley's Frasers Group

The overall deal was first announced in December and was worth almost £50m

Birmingham Post

Studio Retail to create 30 jobs as owner Frasers Group makes major purchase

Studio Retail was bought out of administration for £1 last year after racking up debts of over £80m

Birmingham Post

Shares in N Brown continue to rise as Mike Ashley's Frasers Group circles

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

Manchester Evening News

Could Mike Ashley's retail empire be about to take over another Manchester fashion label?

N Brown was acquired by Lord David Alliance in 1968 and is now listed on the London Stock Exchange

Birmingham Post

Mike Ashley's Frasers Group significantly increases stake in fashion giant N Brown to become second largest shareholder

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

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