Frasers Group

Mike Ashley’s Frasers Group makes £30m bid for DW Sports

Mike Ashley’s Frasers Group has reportedly made a takeover bid for former rival Dave Whelan’s DW Sports. According to the…

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Mike Ashley’s Frasers Group delays results for second consecutive year

Mike Ashley’s Frasers Group has announced it is to delay the publication of its annual results for the second consecutive…

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Frasers Group mulls Debenhams acquisitions

Frasers Group owner Mike Ashley is reportedly looking to acquire up to 30 Debenhams stores. According to the Mail, sources…

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Frasers Group CFO blames reopening delay on ‘Cummings fiasco’

Chris Wooton, the chief financial officer of the Frasers Group, has blamed the new opening date for non-essential retail as…

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Sports Direct managers say firm asked them to work while on furlough

Mike Ashley’s Sports Direct and House of Fraser firms reportedly asked store managers to work one day a week despite…

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Frasers Group to cut bosses’ salary to £40k amid April pay pledge

Mike Ashley’s Frasers Group has reportedly reduced the salary of its executive team to £40,000 and has pledged to pay…

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Jack Wills permanently closes another 17 stores

British fashion brand Jack Wills – which was rescued out of administration by Frasers Group plc in August 2019 –…

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Frasers Group issues profit warning and drops FY20 guidance amid Covid-19

Mike Ashley’s Frasers Group has issued a profit warning after revealing its board expects Covid-19 to cause a “significant disruption”…

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Frasers Group backs BRC’s calls for government review of business taxes

Frasers Group has backed the campaign by the British Retail Consortium (BRC) and 52 other retailers calling for the government…

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Mike Ashley warns of more House of Fraser closures

Despite experiencing the first “green shoots of recovery” further House of Fraser store closures are to be expected, Mike Ashley…

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