The Latest Breaking News from Studio Retail

Frasers cuts profit outlook amid ‘weaker’ shopper confidence around Budget

It came as the Mike Ashley-founded firm revealed a slump in sales for the past half-year, and lower profits

The Independent UK · Dec 5, 2024

Over 100 jobs to be created as Studio Retail splits off from financial services division

Studio Retail was rescued out of administration by Mike Ashley's Frasers Group in February 2022

Birmingham Post · May 31, 2023

Studio Retail to create 30 jobs as owner Frasers Group makes major purchase

Studio Retail was bought out of administration for £1 last year after racking up debts of over £80m

Birmingham Post · Feb 8, 2023

Mike Ashley’s Frasers Group buys Studio Retail out of administration as Revolution Beauty buys Badass with Heart

Mike Ashley’s Frasers Group plans to save 1,500 jobs under threat

Evening Standard · Feb 25, 2022

Mike Ashley’s Frasers Group buys Studio Retail out of administration

Nearly 1,500 jobs had been under threat when cut-price retailer business collapsed

The Guardian - UK · Feb 25, 2022

Mike Ashley’s Frasers buys Studio Retail out of administration for £26.8m

Frasers, previously Studio Retail’s biggest shareholder, said the deal would save around 1,500 jobs.

The Independent UK · Feb 25, 2022

Mike Ashley's Frasers Group buys Studio Retail out of administration in £26.8m deal

The deal comes a day after the firm officially appointed administrators

Birmingham Post · Feb 25, 2022