Frasers

Next and Frasers Group have emerged as potential buyers for Ted Baker’s European retail business, signalling interest in salvaging the fashion label after its recent collapse into administration.Both companies are in discussions with…

Frasers Group has snapped up luxury clothing website Matches Fashion for £52million. The company, which is controlled by billionaire Mike Ashley, will buy Matches from private equity firm Apax Partners, its owner since 2017. It marks a…

Mike Ashley’s Frasers Group has warned of “softening” in the global luxury market as underlying sales at its upmarket division, which includes the House of Fraser department stores and Flannels chain, dived more than 11%. The fall,…

© Reuters. FILE PHOTO: A woman leaves a pop-up store of Chinese fast-fashion retailer Shein in Paris, France, May 5, 2023. REUTERS/Johanna Geron/File Photo LONDON (Reuters) - Shein, the China-founded fast-fashion retailer, has bought…

Mike Ashley’s Frasers Group is in talks to sell its Missguided clothing brand to online fashion giant Shein. Talks about a deal, which were first reported by Sky News, come only a year after Frasers took over the brand. Frasers Group…