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The Latest Breaking News from Frasers Group

Wiggle sale revealed to be £3m to second-best Frasers Group

Business tycoon Mike Ashley scooped up intellectual property after initial deal fell through

Cycling Weekly

‘Deeply concerning’: Vampire’s Wife closure shows battle faced by independent British fashion brands

Collapse of Matchesfashion platform is major factor in implosion across the supply chain, say industry insiders

The Guardian - UK

Frasers Group Expands In EMEA Market With Twin Sport Acquisition

Frasers Group expands in EMEA market through Twin Sport acquisition and potential Sprinter locations takeover.

Top News

From analysis to the latest developments in health,
read the most diverse news in one place.

Sports Direct to open two new 'flagship' stores at Westfield shopping centres next year

The branch at Westfield London in Shepherd’s Bush will be 29,000 sq ft and the other at Westfield Stratford will be 28,000 sq ft

Evening Standard

Evans Cycles store lines its walls with cut-price WiggleCRC stock

Leftover stock being sold off through Wiggle's new stablemate at Mike Ashley's Frasers Group

Cycling Weekly

Wiggle and Chain Reaction Cycles websites return to life but now under Frasers Group control

After the finalization of the Frasers Group takeover and a week's hiatus, what's changed at WiggleCRC?

Bike Perfect

Wiggle and Chain Reaction Cycles sites back online after Frasers Group takeover

The two brands have relaunched after a week off, with slightly different branding

Cycling Weekly

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The future is orange: Wiggle relaunches with fresh stock and reprised old branding

dhb, Lifeline, and other in-house brands appear to remain for now

Cycling News

Wiggle and Chain Reaction websites set to be imminently relaunched by Frasers Group

The Frasers Group claims they want to be the No.1 Sporting goods retailer in Europe

Cycling News

Wiggle and Chain Reaction websites to be relaunched by Mike Ashley's Frasers Group

"Relaunch" set to take place next week, after Frasers Group acquired the brands

Cycling Weekly

Mike Ashley's Frasers Group to relaunch Chain Reaction and Wiggle websites and look to continue MTB brands Nukeproof, Vitus and Ragley

After months of speculation, details emerged on the future of WiggleCRC and their in-house brands

Bike Perfect

The end is near for WiggleCRC as liquidators officially appointed

Companies House filing announces the beginning of the end

Cycling News

Mike Ashley might get more hands-on again at Frasers after Matches disaster

City Comment: It’s possible Ashley is on the phone to son-in-law Michael Murray today — “Erm, son, just tell me again why that was a good idea?”

Evening Standard

Matchesfashion to enter administration and cut 273 jobs

More than half workforce face losing jobs after new owner Frasers says it is unwilling to fund turnaround

The Guardian - UK

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Cycling Weekly

What the story of Evans Cycles can tell us about the future of Wiggle

After being bought by Frasers Group, are the woes of Wiggle Chain Reaction Cycles over?

Cycling Weekly

Mike Ashley’s Frasers Group has acquired WiggleCRC for less than £10 million, reports

Sports Direct owner has reportedly taken over Wiggle and CRC, but almost all staff have been axed

Cycling Weekly

Would a Mike Ashley takeover of Wiggle be a ‘concern to the cycle industry’ or a ‘careful bit of business’? - Insiders weigh in as redundancies lead to trade brain drain

Struggling retailer has now axed nearly every member of staff after going into administration last year

Evening Standard

Full steam ahead for Hornby shares as Frasers makes model investment

Retailer snapped up 11.1 million shares, lifting its total holding to 8.9%

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news in one place.

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The Guardian - UK

‘Toxic environment’: former staff of UK fashion retailer allege culture of bullying

Exclusive: Female ex-employees of Missy Empire claim they were subjected to ‘degrading’ treatment

TechRadar

Game trade-ins to stop in February as store phases out pre-owned stock

UK retailer Game is ending trade-ins next month as it phases out pre-owned stock from its stores.

The Guardian - UK

Frasers Group warns of ‘softening’ in global luxury market as sales fall

Cost of living crisis partly responsible but total sales at Mike Ashley’s company rise

Cycling Weekly

Will a pro team be riding Enve bikes in 2024?: Tech of the month November

Shockwaves travel through the industry as WiggleCRC seeks a buyer, Lapierre exits the World Tour and will Enve be bike sponsor to Team Total Energies?

Birmingham Post

Mike Ashley's Frasers Group further increases stake in N Brown

N Brown's brands are JD Williams, Simply Be and Jacamo

Birmingham Post

Mike Ashley's Frasers Group ups AO stake for a third time

The owner of House of Fraser and Sports Direct is AO's largest shareholder

Birmingham Post

Billionaire's hedge fund sells almost entire Boohoo stake after shares drop

Mike Ashley's Frasers Group acquired a stake in Boohoo earlier this week

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