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- When the first Hugh Fraser died in 1873, his three eldest sons, James, John and Hugh, acquired stakes in the business. James and John Fraser were initially directors in the business and employed Alexander McLaren and later John Towers to manage it for them. In 1891 Hugh also joined the partnership which by then was called Fraser & Sons.
en.wikipedia.org/wiki/House_of_Fraser
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Jul 21, 2022 · Frasers Group owner Mike Ashley. Mike Ashley's company Frasers Group has gained a solid reputation for its high profile business dealings. The retail mogul - estimated to be worth around £2.14bn - has taken full advantage of the lengthy retail crisis by snapping up struggling firms and adding them to his ever growing list of businesses.
History. The early years. Fraser & Sons. 1950s to 1970s. 1980–1985. 1985–2006: Al Fayed ownership. 2006–2014: Highland Group Holdings. 2014–2018: Sanpower Group ownership. 2018: Administration. 2018–present: Sports Direct and Frasers Group PLC. Current branches. Frasers. Future closures. Former brands and branches. Former regional groups.
- Former-Jd Sports Fashion Brands
- Amara.Com
- Gieves & Hawkes
- ISAWITFIRST.com
- Missguided
- Studio Retail
- Jack Wills
- Sofa.com
- House of Fraser
- Game
Acquired: February 2023 At the start of the year Frasers Group formally formally acquiredthe “non-core” UK fashion brands of JD Sports. Brands including Tessuti, Scotts, Choice, Giulio and Cricket brands were all included in the transaction.
Acquired: December 2022 Late last year, Frasers Group added online homewares retailer Amara.com to its vast retail portfoliofor an undisclosed sum. The online platform houses over 300 of the world’s leading home brands such as Missoni, Versace Home and more. Frasers Group chief executive Michael Murray said: “This acquisition will build on our ambi...
Acquired: November 2022 In November last year, the retail conglomerate snapped up the Gieves & Hawkes brandand five UK stores, including its Savile Row shop. Murray, at the time of the acquisition, said: “This acquisition further adds to our portfolio of strategic investments in luxury and premium brands.” The 250-year-old menswear retailer was put...
Acquired: July 2022 ISawItFirst.com was acquired by the retail group last July, the latest in the tranche of online retailers it has snapped up this year. It emerged this week that Frasers only paid £1 for the retailer, which was set up by Jalal Kamani, the brother of Boohoo co-founder Mahmud Kamani. Frasers Group stated that at the time of the acq...
Acquired: June 2022 Missguided was acquired by the group in a £20m deallast June following its administration. The brand collapsed after its clothing suppliers that were owed millions issued a winding up petition. This was not the first time it experienced troubles. In the latter half of 2021, Missguided sold 50% of the business to Alteri Investors...
Acquired: February 2022 Frasers Group picked up Studio Retail out of administration in a £26.8m deal. The Mike Ashley-controlled retail group had been the catalogue and online retailer’s biggest shareholder, holding a 28.9% stake at the point of its collapse. Studio plunged into administration after its request for a short-term loan from its bank w...
Acquired: August 2019 Frasers Group, then Sports Direct, snapped up the Jack Wills brand and UK trading assets in a £12.8m pre-pack administration deal in August 2019. The retailer, popular for its preppy style, brought in administrators after it struggled with cash flow after it plunged to a pre-tax loss of £29.3m in the year to 31 January, 2018. ...
Acquired: February 2019 Frasers Group acquired Sofa.com in February 2019 for a “nominal sum” beating out furniture specialist ScS Group. The furniture brand, which had concessions in House of Fraser, reportedly suffered after the department store fell into administration in 2018. After being bought out, it continues to operate as a separate brand a...
Acquired: August 2018 As one of the group’s most high profile acquisitions, House of Fraser was snapped up in a £90m pre-pack administration deal in 2018. At the time, its then-CEO Mike Ashley promised to turn the 173-year-old retailer into the ‘Harrods of the high street’. However, the retailer has been in terminal decline since entering administr...
Acquired: June 2019 Mike Ashley added Game to his retail empire in June 2019 in a £52m deal. Frasers Group, which was Sports Direct at the time, had built a sizeable share in the gaming retailer, which it upped to 30% in 2019, sparking a mandatory takeover bid. Since the acquisition, Game has strengthened its position. The retailer, which had been ...
During the 1970's the House of Fraser Group acquired more companies including T. Baird & Sons Ltd of Scotland, Switzer & Co. Ltd, Dublin, Erie and E. Dingle & Co. Ltd, Chiesmans Ltd, Hide & Co and the Army & Navy Stores in South England, as well as a number of independent stores with good trading prospects.
Jun 15, 2023 · Businessman 'who owned almost every Wimpy in Scotland' dies aged 66. Prominent Inverness businessman Barry Larsen died on June 11 in the care of Highland Hospice. William T. Fraser & Son via...
Frasers Group plc (formerly known as Sports Direct International plc) is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser. The company is best known for trading predominantly under the Sports Direct brand which operates both physical outlets and online.
Company history. Fraser Sons & Co was established in 1875 to carry on the business of Fraser & McLaren, drapers, of Glasgow, following the retirement of Alexander McLaren from the partnership. The partners sold drapery, house furnishings and carpets and owned warehouses on a site between Argyle Street and Buchanan Street.
