Frasers forecasts more growth as move upmarket pays off Frasers, the British sportswear and apparel retailer that owns the Sports Direct brand, reported a 13.1% rise in annual profit and forecast more growth in … Business • 18 mins
Morgan Stanley, Frasers settle lawsuit over margin call UK retail tycoon Mike Ashley's Frasers Group has withdrawn its London lawsuit against Morgan Stanley over a nearly $1 billion margin call, a spokesperson for … Business • 03 May
Frasers' Mike Ashley to advise models group Hornby Mike Ashley, the founder and majority shareholder of sportswear and fashion group Frasers, has entered into a consultancy agreement with Hornby, the models and collectibles … Business • 20 Mar
Morgan Stanley forced Frasers off books with margin call Morgan Stanley used an "unrealistic" and "inappropriate" near $1 billion margin call to force trades held by retail tycoon Mike Ashley's Frasers group off its … Business • 22 Feb
Frasers strengthens luxury offer with MATCHES buy Frasers, the British sportswear and apparel retailer controlled by Mike Ashley, has bolstered its presence in the luxury space by buying loss-making online player MATCHES … Business • 20 Dec 23
Frasers keeps profit outlook after first half rise Frasers, the UK sportswear and apparel retailer that owns the Sports Direct brand, said it was on track to meet full-year profit guidance after first-half … Business • 07 Dec 23
Mike Ashley's Frasers raises Boohoo stake to 16.5% Frasers, the British sportswear group controlled by Mike Ashley, has raised its stake in online fashion retailer Boohoo to 16.5%, according to a regulatory filing … Business • 25 Oct 23
Mike Ashley's Frasers raises stake in Boohoo to 9.1% British sportswear group Frasers has raised its stake in online fashion seller Boohoo to 9.1% from 7.8%, a regulatory filing showed today. Business • 31 Aug 23
AO World profit rises on reduced costs, better margins AO World, the British online electricals retailer that last month forged a strategic alliance with Mike Ashley's Frasers, said profit recovered in its 2022-23 year … Business • 05 Jul 23
Frasers defies retail downturn with profit rise Sportswear and clothing retailer Frasers has today reported a 38.8% rise in first-half profit and kept its financial guidance for the full year, defying a … Business • 08 Dec 22
Frasers raises Hugo Boss exposure up to $937m Mike Ashley's Frasers Group said today it has increased its maximum exposure to Hugo Boss to $937m and reiterated its support for the German fashion … Business • 22 Jun 22
Frasers buys online retailer Missguided for £20m Mike Ashley's retail empire has snapped up troubled fast fashion brand Missguided in a rescue deal. Business • 01 Jun 22
Frasers' H1 profit up 62% on strong Covid reopening British sportswear and fashion group Frasers has today reported a 61.7% rise in first-half core earnings, driven by the strong reopening of stores after lockdown, … Business • 09 Dec 21
Frasers says lockdown charge could exceed £200m Sportswear retailer Frasers will book a non-cash charge that could exceed £200m in its 2020-21 results to account for impairment of assets during the latest … Business • 09 Apr 21
Frasers to book £100m lockdown charge Sportswear retailer Frasers will book a non-cash charge, potentially in excess of £100m, in its 2020-21 results to account for impairment of its assets during … Business • 23 Feb 21
Sports Direct changes name to Frasers Sports Direct has forecast core earnings growth of as much as 15% this financial year helped by a nascent turnaround at department store House of … Business • 16 Dec 19
Sports Direct buys Glasgow's Frasers Building for £95m Sports Direct, the sportswear group controlled by retail tycoon Mike Ashley, has agreed to buy the freehold of the Frasers department store in Glasgow for … Business • 12 Oct 18
