UK's Frasers Group sees more profit growth this year
Sees FY profit between 500-550 mln stg
*Read moreMon, 07th Dec 2020 07:01
Sees FY profit between 500-550 mln stg
*Read more(Alliance News) - Stocks are called higher in London on Thursday, as investors anticipate the end to the Federal Reserve's monetary tightening cycle.
Read more(Sharecast News) - Mike Ashley's Frasers Group reported a surge in full-year profits and revenue on Thursday as it hailed a strong performance across the group, boosted by profitable growth in the sports retail segment.
Read more(Alliance News) - THG PLC on Friday confirmed the sale of two loss-making businesses for a total of about GBP4 million, as part of a company simplification exercise that the e-commerce platform announced back in January.
Read moreLONDON, July 21 (Reuters) - THG, the online retail platform, has sold its loss-making THG OnDemand business to a new company led by its management team and funded by Gordon Brothers, it said on Friday.
Read moreLONDON, July 6 (Reuters) - British electricals retailer Currys is exploring "a number of avenues" for collaboration with Mike Ashley's Frasers after the sportswear and fashion group amassed a 10.4% stake, Currys' boss said on Thursday.
Read moreMike Ashley's Frasers has bought 22.2% AO stake
*Read moreLONDON, July 5 (Reuters) - 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 as it benefited from a plan to reduce costs and improve margins.
Read more(Sharecast News) - Mike Ashley's Frasers Group has increased its stake in electrical retailer AO World for a third time to more than 22% and also lifted its stake in rival Currys, according to stock exchange filings on Monday,
Read more(Alliance News) - Stocks in London closed in the red on Tuesday, with market nerves frayed ahead of the release of key UK inflation data on Wednesday morning.
Read more(Alliance News) - London's FTSE 100 was steady at midday Tuesday, as investors look ahead to risk events in the form of a UK inflation reading and a Bank of England interest rate decision later this week.
Read more(Alliance News) - Frasers Group PLC on Tuesday said it its acquisition of stakes in boohoo Group PLC and Currys PLC are part of a wider strategy of taking up "supportive shareholder positions in attractive retail companies".
Read more(Alliance News) - Frasers Group PLC, having already dipped into fast fashion and electrical goods with stakes in Asos PLC and AO World PLC, continued its shopping spree in recent days.
Read more(Alliance News) - IamFire PLC on Tuesday said its primary portfolio company WeShop Holdings Ltd has completed a large fundraise, leaving it valued at about GBP130 million, alongside various operational highlights like increased downloads.
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