Mike Ashley’s Frasers Group forced to trim back profit forecasts as retailers face much leaner Christmas than had been hoped The firm said guidance of a 20 to 30 per cent boost in profits now unlikely Frasers Group includes Sports Direct, House of Fraser, Evans Cycles and Game By This Is Money Published: 10:54 GMT, … Read more
Frasers Group pulls out of making full takeover offer for Mulberry despite buying over a third of the business this year The Takeover Panel insisted that it make a solid offer by Dec 17 or withdraw Mulberry has been badly affected by Covid-19’s negative effect on tourism Frasers Group has expressed interest in buying Debenhams … Read more
Frasers Group saves 922 jobs as it snaps up DW Sports assets in £37m deal amid increasing scrutiny over refusing to return furlough millions Around 1,700 jobs were at risk when DW Sports fell into administration in July Reports now claim the deal with Frasers Group will save 922 jobs During the year ending 31 … Read more
Frasers Group forced to delay results AGAIN: Retailer, formerly known as Sports Direct, claims it needs more time to complete its accounts By Tom Witherow For The Daily Mail Published: 21:56 BST, 12 August 2020 | Updated: 22:17 BST, 12 August 2020 Accounting blunder: Frasers Group chief executive Mike Ashley Investors in Mike Ashley’s Frasers … Read more
Mike Ashley’s Frasers Group buys £97m stake in Hugo Boss as part of plans to take his retail empire upmarket By Daily Mail City & Finance Reporter Published: 22:01 BST, 12 June 2020 | Updated: 22:01 BST, 12 June 2020 Mike Ashley’s Frasers Group – the owner of Sports Direct – has bought a £97m … Read more
Mike Ashley’s Frasers asks suppliers to cut 20% off unpaid invoices for stock Sports Direct and House of Fraser are in arrears to suppliers The discount would be applied to bills for stock that would be ‘out of season’ By Neil Craven for The Mail on Sunday Published: 22:21 BST, 25 April 2020 | Updated: … Read more