Frasers

Frasers Group warns of closures amid business rates cap

Frasers Group has warned that the £2m business rates cap announced in the spring budget on 3 March 2021 will…

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Frasers warns of £100m lockdown hit

Mike Ashley’s Frasers Group has announced it currently expects to take a hit in excess of £100m due to the…

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Frasers Group acquires New Look’s Brighton store

Frasers Group has reportedly acquired the freehold of New Look’s Brighton store. According to Drapers, the store located at 188-191…

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Frasers Group shutters Edinburgh’s Jenners store

Frasers Group has announced it will permanently close Edinburgh’s iconic Jenners store after the company failed to reach an agreement…

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Frasers Group increases stake in Hugo Boss

Mike Ashley’s Frasers Group has increased its stake into luxury retailer Hugo Boss to around 15%.  Frasers revealed it now…

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Debenhams to shutter six stores, 320 jobs affected

Debenhams has announced that six of its sites will no longer reopen this year, as part of the group’s ongoing…

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Frasers Group will not make formal bid for Mulberry

Frasers Group has announced that it will not be making a formal bid for Mulberry after ongoing rumours of a…

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US group eyes Arcadia and Debenhams takeover

Authentic Brands, the US owner of New York department store brand Barneys, is reportedly eyeing a double takeover of Debenhams…

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Administrators place £200m price tag on Topshop

Administrators for Arcadia are reportedly seeking a price tag of £200m for the firm’s Topshop brand and are looking to…

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Frasers Group reports 30% rise in half-year profits

Frasers Group has reported a 29.1% surge in after-tax profit to £84m in the 26 weeks to 25 October. The…

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