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Frasers Says Arcadia Declined Offer Of Lifeline Loan Of Up To 50 Mln STG
Frasers Group Invests In Quadient's High-Speed Automated Packaging Technology
Frasers Says Recently Acquired Interests In Common Stock Of Hugo Boss AG
Frasers Group PLC, formerly Sports Direct International PLC, is a United Kingdom-based sporting goods retailer. The Company operates a portfolio of sports, fitness, fashion and lifestyle fascias and brands. Its segments include UK Retail, European Retail, Rest of World Retail and Wholesale & licensing. UK Retail segment includes UK Sports Retail, which includes the United Kingdom (UK) retail network of sports stores, USC stores, Game UK stores and concessions, along with related websites, and Premium Lifestyle that includes the premium retail businesses, such as Flannels, Cruise, van mildert and House of Fraser, along with related websites. European Retail includes the European retail network, including Game Spain. Rest of World Retail includes the results of United States based retail activities, Asia based retail activities along with their e-commerce sites. Wholesale & licensing segment includes the Group's portfolio of international brands, such as Everlast, Lonsdale and Slazenger.
Unit a, Brook Park East
Non-Executive Chairman of the Board
Michael James Wallace Ashley
Chief Executive Officer, Executive Director
Chief Financial Officer, Executive Director
Non-Executive Workforce Director - Workers’ Representative
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Philip Green's struggling British fashion group Arcadia has turned down rival Frasers Group's offer of a "lifeline" loan of up to 50 million pounds, sportswear retailer Frasers, controlled by Mike Ashley, said on Monday.
Britain's FTSE 100 index is seen opening 11 points lower at 6,357 on Monday, according to financial bookmakers. * RIO TINTO: Rio Tinto will look to a handful of external candidates in a narrowing field for its new chief executive, as the miner tries to win back investors...
Frasers Group, owned by billionaire retail boss Mike Ashley, has offered Philip Green's troubled Topshop retail group Arcadia a 50 million pound emergency loan, reported Sky News on Saturday.
Mike Ashley's Frasers Group <FRAS.L>, formerly Sports Direct, brought some cheer to Britain's battered retail sector, reporting a 5% rise in 2019-20 core earnings and forecasting growth of up to 30% in its current year despite COVID-19.
Mike Ashley's Frasers Group , formerly Sports Direct, reported a 5% rise in 2019-20 core earnings and forecast growth of 10-30% in its new financial year, saying it was well placed for the future despite COVID-19.
Mike Ashley's Frasers Group <FRAS.L>, formerly Sports Direct, said it would reassess the viability of some of its stores following a British government decision to delay the next business rates valuation until 2023.
Mike Ashley's Frasers Group, formerly Sports Direct, said on Monday it has raised its stake in German fashion house Hugo Boss <BOSSn.DE> to 10.1% through stocks and derivatives, part of his drive to take the British sportswear retailer upmarket.
Mike Ashley's Frasers Group <FRAS.L>, formerly Sports Direct, is looking to build a 10% stake in German fashion house Hugo Boss <BOSSn.DE> and gain a seat on the supervisory board, a magazine reported on Thursday.
Mike Ashley's Frasers Group <FRAS.L>, formerly Sports Direct, has taken a 5.1% stake in German fashion house Hugo Boss <BOSSn.DE> through stocks and derivatives, continuing his drive to take the British sportswear and apparel retailer upmarket.
British sportswear retailer Frasers Group <FRAS.L>, formerly Sports Direct, said on Friday it is not eligible for the Covid Corporate Financing Facility and that it had resolved all remaining matters on a 674 million euros sales tax claim with the Belgium Tax Authority.
* SPORTS DIRECT AND EVANS STAFF TOLD BY BOSSES STORES TO REMAIN OPEN - PA MEDIA REPORTER TWEET, CITING EMAIL BY FRASERS GROUP Source text : https://bit.ly/3akFJyk Further company coverage:
* FRASERS GROUP - EXPECTS GROUP WILL NOT ACHIEVE RANGE OF GUIDANCE OF 5 TO 15% EBITDA GROWTH FOR FINANCIAL YEAR ENDING 26 APRIL 2020
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.