Frasers reaffirms Boohoo board seat pursuit after shareholder rejection
In an official communication, Frasers Group, which owns Sports Direct and House of Fraser expressed respect for the perspective of…
Frasers Group Plc
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Frasers sounds FY25 profit alarm on UK budget, weak confidence
The new expected FY25 figure of between £550m ($699.77m) and £600m is slightly below its previously provided guidance of between…
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Frasers’ Boohoo demands add to ‘uncertainty’ amid 6M sales drop
Boohoo Group's board has proposed a fundraise to raise up to c.£39.3m ($49.74m) and it has issued a recommendation to…
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Boohoo wise to flag Frasers Group’s competitor interests amid CEO pitch
Boohoo Group has urged its shareholders to "take no action in respect of Frasers' proposals" to make its own Mike…
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Frasers Group eyes Boohoo leadership after dropping Mulberry bid
Frasers Group, the largest shareholder of Boohoo with c.27% of the issued share capital, has written an open letter to…
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Mulberry rebuffs Frasers offer on ‘lack of luxury experience’
Mulberry stated in an update published on 22 October that its board has considered the clear position of its majority…
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Frasers Group has ‘lucrative’ chance to buy Matchesfashion for £50m
Sources close to the matter have allegedly told news publication Sky News the deal, which could be finalised "within days",…
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Week in review: Are storm clouds on the horizon for fashion sector?
Last week saw two European sports companies fall on hard times despite the activewear category usually being one of the…
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Frasers Group ‘strong’ H1 hangs on acquisition spree
Frasers Group saw total revenues increase 4.4% from last year's £2.65bn to £2.77bn in the first half of fiscal 2024.…
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Frasers Group halts SportScheck purchase amid insolvency, ups Boohoo stake
Frasers Group has exercised its rights to withdraw from its transaction to acquire SportScheck after the company filed for insolvency.…
