Frasers Group warns of £100m hit to finances as shops stay shut

Mike Ashley’s Frasers Group which owns Sports Direct and House of Fraser has warned its finances could take a £100million hit as non-essential shops are forced to stay shut until April 12.    Yesterday Boris Johnson announced the Government’s roadmap out of lockdown, revealing most High Street shops would remain closed until a week after Easter … Read more

Mike Ashley’s Frasers Group forced to trim back profit forecasts

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 offer for Mulberry

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

Mike Ashley promises to save jobs as Frasers Group snaps up DW Sports assets in £37m deal

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

Mike Ashley’s Frasers Group forced to delay results AGAIN

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: 22:02 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 stake in Hugo Boss

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

Outlander season 5: Stephen Bonnet star explains Brianna Fraser’s betrayal | TV & Radio | Showbiz & TV

Outlander characters Jamie Fraser (played by Sam Heughan), Claire Fraser (Caitriona Balfe), Brianna Fraser (Sophie Skelton), and Roger Mackenzie (Richard Rankin) have been living in fear of Stephen Bonnet (Ed Speleers) since season four. The Starz villain has tormented the family for years with Brianna traumatised when he raped her in one of the most … Read more

Mike Ashley’s Frasers becomes latest retailer to warn on profits

Mike Ashley’s Frasers becomes latest retailer to warn on profits due to ‘significant disruption’ from coronavirus outbreak Frasers no longer expects profits to grow by the 5 to 15% in the year to April  The retail group also dropped its forward guidance due to the uncertainty Last year Frasers made profits of £287.8million Coronavirus symptoms: … Read more