All Frasers Group articles – Page 5

  • News briefs

    Mike Ashley makes new investments in fashion

    2020-06-18T05:43:00Z

    Frasers Group, the parent company of Sports Direct, continues with its portfolio investments in the fashion sector, acquiring a 5.1 percent stake in Hugo Boss in the form of shares and derivative put options. If the options are fully exercised, the total exposure would be worth a maximum of around ...

  • News briefs

    Sports Direct blasts at delayed store reopenings

    2020-05-27T20:41:00Z

    The Frasers Group, the British company formerly called Sports Direct International, announced on May 22 that it would continue to guarantee full payment of its employees’ wages in the U.K. through the end of this month, as it did in April, but it’s not sure whether it will continue to ...

  • News briefs

    Former Sports Direct has some problems

    2020-04-24T09:05:00Z

    Frasers Group says the current uncertainty caused by the Covid-19 “shock” is affecting its bank credit lines and its suppliers’ credit insurance. It understands that the majority of new credit insurance cover has been withdrawn for the time being. The British group, formerly called Sports Direct International, reports that it ...