Tag : Sports Direct
Frasers Group shopworkers face uncertainty over their jobs, after the Mike Ashley-owned chain u-turned on its decision to open stores during coronavirus.
Frasers Group has U-turned on an announcement that Sports Direct and Evans Cycles stores were to stay open during the UK’s new lockdown measures, and will now not open stores until it receives the “go-ahead” from the government.
Frasers Group has said that it will not meet its growth targets for 2020, because of the coronavirus outbreak.
Frasers Group buys stake in MulberrySubscription
Mike Ashley’s Frasers Group, formerly known as Sports Direct International, has bought a 12.5% stake in British luxury handbag company Mulberry.
The retail industry is calling for urgent action on business rates from the government as high streets across the UK prepare for another wave of store closures.
Frasers Group closes further Jack Wills storesSubscription
Frasers Group has announced the closure of a further six Jack Wills stores, after its acquisition of the lifestyle brand last August.
Mike Ashley’s Frasers Group, formerly Sports Direct, has called for an “urgent fundamental review” of business rates to prevent “desolate” high streets in a letter to the prime minister Boris Johnson.
The top 10 stories of 2019Subscription
2019 has been a tough year for fashion brands and retailers, which is reflected in the rather dismal tone of many of this year’s top 10 most-read online stories.
Luxury retailer Flannels has opened its biggest store yet in a former House of Fraser store on Belfast’s Victoria Square.
Sports Direct will decide on the closure of loss-making House of Fraser stores within “months” if the government fails to change the current business rates system, CEO Mike Ashley has said.