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Frasers Group

All articles tagged with #frasers group

business1 year ago

Boohoo Executives Targeted in Stalking and Espionage Scandal

Police in Manchester and Kent are investigating stalking and surveillance claims involving Boohoo executives, including co-founder Mahmud Kamani and former CEO John Lyttle. No arrests have been made, and Boohoo has informed the Information Commissioner's Office about potential surveillance outside its headquarters. Meanwhile, Frasers Group, Boohoo's largest shareholder, has criticized the company's management and proposed installing Mike Ashley on Boohoo's board, with a shareholder vote scheduled for December 20.

fashion-business1 year ago

"Victoria Beckham's Fashion Firm Collapse Sparks 'Mother of All Returns' for Her Frocks"

Victoria Beckham and her fashion label are demanding the return of all their summer stock from online retailer Matches after the company's collapse, fearing they may not be paid for it. Other brands, such as luxury womenswear label Cefinn owned by Samantha Cameron, are also seeking the return of their stock. The situation has caused financial turmoil for some smaller labels, but Victoria Beckham's move has paved the way for a significant stock return, described as "the mother of all returns."

businesstechnology2 years ago

"UK Gaming Retailer GAME Ceases Physical Trade-Ins"

UK retailer GAME, owned by Frasers Group, will be ending its trade-in and pre-owned business, with the services being phased out over the coming months. The decision has been prompted by the increasing number of GAME stores within Sports Direct stores, also owned by Frasers Group. This move has sparked negative reactions online, with many feeling they will have "no reason to go there" anymore after the retailer ceases trade-ins.

business-gaming2 years ago

"GAME Ends Trade-Ins: Impact on Gamers and Industry"

UK High Street chain Game, owned by Frasers Group, is phasing out its pre-owned video game business, signaling the end of a cheaper way to purchase titles valued by many gamers. The decision comes as digital sales now account for almost nine out of every 10 video games sold in the UK, and as subscription services like PlayStation Plus and Game Pass gain popularity. The move has sparked reactions from industry professionals and users, with some expressing disappointment and others highlighting the potential impact on the market.