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The Latest Breaking News from Frasers

Hugo Boss shares jump as it ‘thoroughly examines’ Frasers’ takeover offer

Mike Ashley’s retail group has made near-€2bn bid for the German fashion house, in which it holds a 26% stake

The Guardian - UK

Mike Ashley’s Frasers makes €1.98bn takeover bid for Hugo Boss

Fashion and sportswear group, which owns 26% of the German luxury brand, is now seeking full control

The Guardian - UK

Sports Direct owner launches €2 billion takeover bid for Hugo Boss

The UK retail giant has a current market value of around £3.45 billion

The Independent UK

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Sports Direct owner Frasers launches takeover bid for Hugo Boss

Frasers is offering to pay around 1.98 billion euro (£1.73 billion) to buy remaining shares and take full control of the fashion firm.

Evening Standard

‘A buff is so versatile’: running essentials for your first marathon – and what you don’t need

Inspired to run your first 26.2 miles? Seasoned runners share their go-to kit, from race-day shoes to free apps (plus five UK marathons you can still enter)

The Guardian - UK

Cat Deeley's new high street fashion collection is both practical and stylish - I can imagine wearing every single piece

From chic tailoring to smart crossbody bags, Cat's 100-piece edit is both practical and stylish

Woman & Home

Exclusive: Cat Deeley revealed as new face of FRASERS – her 100-piece edit is a reflection of her timeless style

Formerly House of Fraser, Cat Deeley talks about her eclectic fashion tastes and why this British department store is so nostalgic for her

Woman & Home

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Boohoo and Debenhams owner raises £35m, risking Mike Ashley clash

Company, which also owns Oasis, Warehouse and Karen Millen, to use cash to cut debts and fund turnaround

The Guardian - UK

FTSE 100 makes headway ahead of likely Bank of England rate cut

The FTSE 100 index closed up 102.28 points, 1.1%, at 9,751.31.

Evening Standard

‘Tough market conditions’ hit UK half-year retail sales at Frasers Group

Owner of Sports Direct chain says consumer confidence ‘very subdued’ with sales at sports division down 5.8%

The Guardian - UK

Frasers shrugs off retail woes as luxury brand returns to growth

Frasers pointed to ‘green shoots’ in the luxury market, which has weakened in recent years against a tougher climate for consumers.

Evening Standard

FTSE 100 Live 04 December: SSP and Future shares surge, £28bn energy plan to lift bills

Consumers are facing higher gas and electricity bills after Ofgem today approved £28 billion investment in Britain’s energy network.

Evening Standard

Frasers to give glimpse into retail conditions after ‘challenging’ year

The retail group, which owns brands including Sports Direct and House of Fraser, will publish its half-year financial results on Thursday.

Evening Standard

Debenhams boss could receive almost £150m if he turns around struggling retailer

Incentive scheme for CEO of fashion group, which also includes Boohoo, comes as sales slump 23%

The Guardian - UK

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Evening Standard

Frasers lowers goal for new bonus plan after boss misses £100m payout target

The Sports Direct owner revealed proposals for a new five-year bonus scheme with a lowered share price target, from £15 to £12.

Evening Standard

Frasers names former audit watchdog chief as new chairman

Sir Jon Thompson will succeed David Daly, who steps down next month after eight years in the role.

The Guardian - UK

JD Sports sales slump in UK as fragile consumer confidence concerns retailers

Leisurewear firm cuts prices online amid tough market, especially in footwear for women and children

Evening Standard

Boohoo founder should be investigated over debt collection, says Mike Ashley

Mr Ashley’s Frasers Group – which owns an almost 29% stake in Boohoo – said it had ‘very serious concerns’ over reports about Mahmud Kamani’s conduct.

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The Guardian - UK

Frasers Group sales fall amid ‘challenging’ luxury market and retreat from gaming

Pre-tax profits fall 24% despite rise in Sports Direct sales, driven by closures of House of Fraser and Game stores

Evening Standard

Frasers ‘working hard’ to offset cost hit as sales improve

The Sports Direct owner reported a 2.8% rise in underlying pre-tax profits to £560.2 million for the year to April 27.

Evening Standard

Frasers pulls out of bidding for Revolution Beauty after mulling takeover

Frasers, the retail giant which owns Sports Direct and Flannels, said it ‘now confirms that it does not intend to make an offer’ to buy the business.

Evening Standard

Frasers Group considers takeover deal for Revolution Beauty

Mike Ashley’s retail giant ‘is one of a number of parties conducting due diligence’ on the business.

The Guardian - UK

Boohoo to rebrand as Debenhams despite Frasers Group’s vote to block it

Shareholder meeting turned into latest episode in battle between fashion retailer and Mike Ashley’s retail empire

The Guardian - UK

What next for Mike Ashley’s patchwork retail empire?

The tycoon’s Frasers Group faces a tricky next chapter after decades of relentless deal-making

The Guardian - UK

Frasers Group says two-thirds of retail staff are still on zero-hours contracts

MPs examining plans for legislation were told 11,500 staff on the contracts, which do not guarantee weekly shifts

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