Frasers Group Share News (FRAS)

LONDON BRIEFING: Stocks to rise; Frasers, Centrica post strong results

(Alliance News) - Stocks are called higher in London on Thursday, as investors anticipate the end to the Federal Reserve's monetary tightening cycle.

Frasers Group full year boosted by sports retail

(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.

THG confirms sale of loss-making divisions THG OnDemand and ProBikeKit

(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.

THG sells OnDemand business to management team

LONDON, 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.

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.

UK's Currys drops dividend on uncertain economic outlook

2022-23 profit down 38%

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UK electricals retailer AO World looks to plug into Frasers

Mike Ashley's Frasers has bought 22.2% AO stake

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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.

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,

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.

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.

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".

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.

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.

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.