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Pin to quick picksFrasers Group Share News (FRAS)

Share Price Information for Frasers Group (FRAS)

London Stock Exchange
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Share Price: 903.00
Bid: 902.50
Ask: 903.50
Change: 5.50 (0.61%)
Spread: 1.00 (0.111%)
Open: 910.50
High: 910.50
Low: 894.50
Prev. Close: 897.50
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Frasers Group in advanced talks to buy ProBikeKit from THG - report

Mon, 22nd May 2023 13:54

(Sharecast News) - Mike Ashley's Frasers Group is reportedly in advanced talks to buy cycling goods specialist ProBikeKit from THG.

According to Sky News, Frasers is close to buying the stock and intellectual property assets of PBK from online nutrition and beauty retailer THG.

City sources told Sky a deal could be finalised and announced later this week.

The deal will not be material in financial terms for either party, but will come in the wake of THG deciding to close or sell a number of its non-core subsidiaries, Sky said.

PBK was founded in 1998, and was bought by THG in 2013 and absorbed into the then privately owned group's lifestyle division. It sells cycling clothing and accessories produced by more than 100 specialist brands, including Adidas, Raleigh and Michelin.

The acquisition of PBK is expected to be handled through Frasers' Evans Cycles subsidiary, which Frasers bought in 2018.

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6 Jul 2023 09:01

Britain's Currys exploring collaboration with Mike Ashley's Frasers

LONDON, 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.

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6 Jul 2023 08:01

UK's Currys drops dividend on uncertain economic outlook

2022-23 profit down 38%

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5 Jul 2023 10:28

UK electricals retailer AO World looks to plug into Frasers

Mike Ashley's Frasers has bought 22.2% AO stake

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5 Jul 2023 07:10

UK's AO World profit rises on reduced costs, better margins

LONDON, 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.

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26 Jun 2023 12:20

Frasers Group lifts stakes in AO World, Currys

(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,

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20 Jun 2023 16:55

LONDON MARKET CLOSE: Stocks lower with eyes on UK inflation numbers

(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.

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20 Jun 2023 12:18

LONDON MARKET MIDDAY: FTSE 100 treads water ahead of UK inflation, BoE

(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.

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20 Jun 2023 11:36

UPDATE: Frasers says boohoo, Currys stake buys part of growth strategy

(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".

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20 Jun 2023 10:53

Frasers snaps up Currys and boohoo stakes to add to AO World and Asos

(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.

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20 Jun 2023 10:38

IamFire notes WeShop six-figure fundraise as site's retail ties grow

(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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20 Jun 2023 09:58

TOP NEWS: Frasers shopping spree goes on as buys boohoo, Currys stakes

(Alliance News) - Frasers Group PLC continued its streak of buying up shares in UK retail outfits, with a regulatory filing showing it has taken up a position in online fashion firm boohoo group PLC.

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20 Jun 2023 08:30

Frasers Group takes 8.9% stake in Currys

(Sharecast News) - Mike Ashley's Frasers Group has taken stakes in electricals retailer Currys and online fashion retailer Boohoo.

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16 Jun 2023 12:11

LONDON MARKET MIDDAY: Shares firm and sterling continues to ride high

(Alliance News) - Stock prices in London were higher at midday on Friday, with equity markets on the front foot at the conclusion of a week dominated by central bank decisions.

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16 Jun 2023 11:57

Frasers lifts AO Wold stake to 21%

(Sharecast News) - Mike Ashley's Frasers Group has lifted its stake in AO World just days after announcing a strategic tie-up with the online electrical retailer.

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16 Jun 2023 08:49

IN BRIEF: Frasers ups stake in AO World to 21% from 19%

Frasers Group PLC - Shirebrook, England-based owner of the House of Fraser, Sports Direct and Flannels retail chains - Increases stake in AO World PLC, an online electricals retailer, to 21% on Thursday, from 19%. Frasers last week Friday bought a 19% stake, from none before.

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