Mike Ashlely’s Frasers appoints daughter’s boyfriend to the board April 1, 2024 Sports Direct owner Frasers Group has appointed a director to its board who is in a relationship with founder Mike Ashley’s youngest daughter.
Frasers’ buying spree continues as it snaps up online bike store Wiggle March 3, 2024 Sports Direct owner Frasers Group has bought online bike store Wiggle out of administration, betting that demand for bikes will eventually recover.
Mike Ashley’s Frasers offloads Missguided to Shein just one year after acquisition October 30, 2023 Frasers Group will retain Missguided’s real estate and employees which have already been blended into the Sports Direct owners fashion division.
Mike Ashley’s Sports Direct and House of Fraser empire kicks off £70m share buyback plan December 13, 2021 Retail baron Miek Ashley has announced the start of a £70m share buyback plan for Frasers in an attempt to boost the company’s share price. Bosses at the group, which includes department store House of Fraser and retail chains Sports Direct and Game, said the plan is to reduce the number of shares in circulation. [...]
Mike Ashley: Will the headline-grabbing Sports Direct boss go quietly? August 5, 2021 Frasers Group boss Mike Ashley is to relinquish his position as chief executive of the retail group after decades in the spotlight but there are suggestions the billionaire will continue to call the shots. The Sports Direct founder will hand over the reins next year to his daughter’s fiancé, Michael Murray, the group confirmed in [...]
Missguided sale marks a pivot in Frasers’ strategy – but a Shein deal has risks attached September 18, 2023 News that Frasers could sell Missguided to Shein potentially marks a change in strategy for the Sports Direct owner, which has been highly acquisitive in recent years.
Shakespeare on advertising: Cantona lends star power to Sports Direct campaign June 23, 2021 Attention follows Eric Cantona like a seagull following the proverbial trawler – so it’s no surprise that Sports Direct chose him to front their latest campaign. Taking centre stage in a Euro 2020 ad for the beleaguered retailer, the maverick actor, footballer, and sometime kung-fu fighter highlights the emotional, unifying appeal of the beautiful game. [...]
Mike Ashley to hand reins of Sports Direct retail empire to future son-in-law August 5, 2021 The board of Frasers Group confirmed suspicions that CEO Mike Ashley will be replaced next year by his daughter’s fiancé, Michael Murray, in the group’s financial update. 31-year-old Murray is currently the firm’s “head of elevation” and has been in charge of modernise the owner of Sports Direct and House of Fraser, as well as [...]
Sports Direct owner Frasers Group set for ‘upbeat’ update after reopening stores July 30, 2021 An “upbeat” trading update is reportedly expected from Mike Ashley’s Frasers Group, which owns Sports Direct, in the hope that the reopening of high street stores have pushed up sales The retail giant was more cautious in its outlook in April despite the reopening of retailers across the UK. It warned it could take a [...]
Sports Direct founder Mike Ashley ordered to replace signage on 180-year-old department store in row with council April 22, 2021 Frasers’ boss Mike Ashley has been ordered to replace the letters of a 180-year-old landmark department store in Edinburgh. Ashley, the founder of Sports Direct, has been issued with a formal notice to Sports Direct International, now rebranded as Frasers Group, over work “executed to the listed building… having regard to the effect of the [...]