Arcadia administrators sell Evans brand for £23mln
The collapsed group's administrators said there has been significant interest on other brands as well
Company
Frasers Group PLC
LON:SPD
Frasers Group plc, formerly Sports Direct International plc, is a British retailing group. Established in 1982 by Mike Ashley, the company is the United Kingdom's largest sports-goods retailer and operates roughly 670 stores worldwide.
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Frasers Group scraps guidance as new south-east lockdown closes shops
The government ordered all non-essential shops to close on Sunday after a sharp rise in infections caused by a new variant of coronavirus
Frasers Group confirms interest to snap up Arcadia as it remains in talks to buy Debenhams
Chief financial officer Chris Wootton said “the process has only just started so there's a long way to go as to ascertain what - if anything - we look at with that"
Frasers flies as boss Mike Ashley tightens guidance and says brand relationships improving
Mike Ashley's group expects to achieve a 20% to 30% improvement in underlying earnings (EBITDA) in the year to next April
Mike Ashley's Frasers Group says it is looking to rescue foundering Debenhams
Frasers has been in talks with Debenhams' owners recently but was not willing to pay the £300mln demanded
Arcadia's fate intertwined with Debenhams and other retail rivalries
Arcadia group is the biggest concession owner at struggling department store group Debenhams
Mike Ashley’s Frasers offers loan to billionaire Sir Philip Green's Arcadia Group
The owner of the Sports Direct and Flannels chain has provided draft terms for a loan of up to £50mln
Frasers Group ups stake in Mulberry Group to over a third
The Sports Direct and House of Fraser owner has until December 17 to announce whether it would like to buy the whole company
Frasers Group trades positively as fresh Debenhams move is eyed
It could be the latest addition to the 'house of brands'.
Frasers unveils £100mln bonus plan as Mike Ashley faces shareholder rebellion
Shareholder advisor Pirc called for votes against the CEO and chairman after Sports Direct store workers chain were asked to work while on furlough during lockdown
Sony’s Playstation 5 pricing threatens fresh blow to video game retailers
A cheaper 'Digital Edition' console will increasingly Sony's position as the point-of-sale for Playstation games - which is yet more bad news for the likes of GAME.
Mike vs Nike: Is Sports Direct shortage reason to panic for Ashley's Frasers?
An innocent trip to buy PE kit for his kids led to an epiphany for Peel Hunt's analyst
Frasers buys Dave Whelan Sports for £37mln
The former Sports Direct is paying £37mln plus up to a further £6.9mln for stock
As Frasers shares rally, UK high street braces for more store closures
A number of House of Fraser stores could close, how many may depend upon ongoing rent negotiations.
Mike Ashley's Frasers plans more 'digital elevation' investment after profits hit by coronavirus lockdown
The retailer reported a 20% fall in profit before tax, with underlying profits up 5%
Archive
Frasers Group’s delayed financials set for city spotlight on Thursday
Frasers Group and Antofagasta are among the notable names in the City diary for Thursday.
Frasers Group rumoured to be in for Dave Whelan’s DW Sports
It would mark the latest piece of high street consolidation by Frasers and bring back together a number of former JJB stores.
Mike Ashley's Frasers delays reporting of results again
Blame has been laid on the final disclosures for new IFRS 16 accounting rules that are “still being completed and reviewed”
Mike Ashley’s Frasers refused access to government coronavirus financing facility
In a positive note, the group said it has now reached a commercial settlement with the Belgian tax authorities over its €674mln bill
Frasers Group boss Mike Ashley ‘deeply apologetic’ over coronavirus actions
The owner of Sports Direct has faced backlash in the past week after requesting that its outlets stay open as 'essential' stores during the outbreak