
Next is to open a department store in all but name as it transforms its existing sites in the Atria centre in Watford and also adds a Victoria’s Secret, the lingerie brand for which it holds the UK licence.
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Next is to open a department store in all but name as it transforms its existing sites in the Atria centre in Watford and also adds a Victoria’s Secret, the lingerie brand for which it holds the UK licence.
Harrods has confirmed that the Bristol branch of its H Beauty chain will open in the spring. The move follows its debut in Edinburgh last year, at which time it said Bristol would open within the next 12 months.
Frasers Group has unveiled ambitious plans for the Republic of Ireland with a Flannels opening in Dublin that will be its first Flannels location outside the UK.
Frasers Group has signalled its intention to table an offer for Footasylum, the up-for-sale retailer forced back onto the market by major rival JD Sports Fashion.
Anouska Kapur has stepped down from the Frasers Group board with immediate effect after just three months as a non-executive director. She joined to provide “independent legal expertise” in commercial property.
There’s speculation this week that Frasers Group’s majority shareholder Mike Ashley is planning to take the group private after nearly 15 years as a listed company.
UK retail giant Frasers Group saw revenues at its domestic and European operations surging in the half to October. And while its ‘rest of world retail’ division saw a double-digit dip, overall the results looked good.
Fast-expanding Frasers Group has secured nearly £1 billion in fresh funding, with the deal becoming the largest support package in the UK retail sector this year.
The store opening programme for Frasers Group’s luxury chain Flannels is showing no signs of slowing down with the latest new store being in Southampton and also having extra beauty interest.
Flannels is continuing to grow its store portfolio. The Frasers Group-owned high-end fashion brand has signed a 15-year lease to open a flagship store at the Liberty Shopping Centre in Romford, Essex.