Frasers Group Increases Stake in THG and AO World Amid Ecommerce Expansion Strategy
In a recent regulatory filing, Frasers Group has increased its stake in MyProtein owner THG to 10.9%, owning 151.9...
AO World
UK Inflation Dips, Retailers Expand and Profit, and Housing Projects Approved
John Lewis is on the verge of getting approval for a housing project in Reading, turning a former customer...
Frasers Group Expands Investments in Retail Sector
In a recent filing, Frasers Group, owned by Mike Ashley, has announced an increase in its ownership of fashion...
AO World Raises Full-Year Profit Forecast Amid Strong Sales Performance
AO World, an electricals retailer, has increased its full-year profit forecast, predicting adjusted profit before tax at £39m to...
Unsecured Creditors Owed Over £650m by Homebase Post-Collapse
In a recent development, Homebase, the UK home improvement retailer, is reportedly still indebted to unsecured creditors with over...
UK Retailers’ Mixed Performance and Strategies Amid Challenging Conditions
AO World's pre-tax profits soar 30% to £17m despite summer weather challenges, raising full-year profit forecast to £39m-£44m. B2C...
Retail News Roundup: Violence Against Workers, Frasers Group’s AO World Stake, Waitrose Price Cuts, and Dunelm’s Growth
In a concerning development, the British Retail Consortium reports a 50% increase in violence and abuse against retail workers,...
Frasers Group Boosts Stake in AO World, Launches £80m Share Buyback Programme
Frasers Group, owned by Mike Ashley, has increased its stake in AO World to 24.7%, following a £80 million...
Frasers Group Expands Stake in Boohoo and Asos
In a recent announcement, Frasers has boosted its stake in fashion retailer Boohoo to 9.1%, increasing from the previous...
Frasers Group Expands Retail Portfolio with Asos and Boohoo Stakes, AO World Investment
In a recent announcement, Mike Ashley's Frasers Group has increased its stake in online retailer ASOS to nearly 17%,...