Frasers Group acquires fast fashion company I Saw It First
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Mike Ashley’s Frasers Group has inked a deal to acquire fast fashion retailer I Saw It First.
The news comes just a month after the group bought Missguided out of…
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Missguided changes name after Frasers Group acquisition
Missguided has changed its name after it was rescued by Frasers Group in a £20m deal at the start of last month.
The online fast fashion company will officially be…
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Frasers Group snaps up majority stake in fashion marketplace business
Mike Ashley’s Frasers Group has snapped up a 29% stake in Australia’s fashion platform MySale.
The Australian fashion platform helps to put global buyers in touch with sellers to Australian…
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Frasers Group appoints former Nike executive to head up sports division
Frasers Group has appointed former Nike executive Ger Wright to lead its sports division, which includes Sports Direct.
The move is part of a wider management reshuffle by the group’s…
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Missguided bought for £20m by Mike Ashley’s Fraser Group
Frasers Group has bought the online fashion retailer Missguided out of administration for £20m in cash, beating rival fast-fashion brand Boohoo to the deal.
The ecommerce retailer called in administrators…
Read MoreMissguided calls in administrators as rescue talks fail
Missguided has called in administrators after the fast fashion brand failed to finalise a rescue deal, putting hundreds of jobs at risk and leaving countless orders unfulfilled.
The ecommerce retailer…
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Studio Retail owed £80m before being sold for £1
New documents have revealed that Studio Retail owed more than £80 million before it was bought by Mike Ashley’s Frasers Group for £1 last month.
The documents, submitted to Companies…
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Checkout.com reveals that “two out of three people never hit pay”
Checkout.com has revealed that – while “two out of three people never hit ‘pay’ when they’re buying goods online” – the global payment platform will be doubling its team in…
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Frasers Group partners with Checkout.com as part of “elevation strategy”
Checkout.com has added Frasers Group to its growing customer base as the UK’s largest retail consortium makes significant investments into ecommerce as part of its ambitious “elevation strategy”. The partnership…
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Game furloughs all staff with full pay for a month, but cannot guarantee jobs after April 30
Game says it will furlough its entire workforce until the end of April with regular pay, but cannot guarantee jobs after that date.
The video game retailer emailed its staff…
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In April, the Office for National Statistics reported that 87% of UK adults have seen their cost of living increase. Fast-forward five months and Britain is facing the worst cost-of-living…