House of Fraser

Frasers Group's Sports Direct and House of Fraser have renewed their retail unit lease agreements with Croydon's two main shopping centres, as owner Unibail-Rodamco-Westfield signs three new fashion retailers.

Frasers Group has reported a 13.1% rise in adjusted profit before tax to £544.8m in the year to 28 April 2024 despite a revenue dip as it continues to drive its "elevation strategy".

House of Fraser’s former flagship store on Oxford Street is set to undergo a £132m revamp, which includes ground-floor retail, offices, restaurants, a gym and a swimming pool.

Frasers Group is set to rebrand its House of Fraser store in Maidstone, Kent into a Frasers concept store later this year.

Mike Ashley's Frasers Group, which owns Sports Direct, Flannels and House of Fraser, has upped its stake in Boohoo Group from 10.4% to 13.4%.

Former Harrods owner Mohamed Al-Fayed died on Wednesday (30 August) aged 94.

Department store chain Fenwick is understood to be in talks to take on the House of Fraser store in Guildford, which will close next month.

Fire broke out yesterday morning at Edinburgh’s iconic Jenners department store, leaving the building damaged and one firefighter in critical condition.

Missguided's new collection is set to launch in selective House of Fraser stores in April, after Frasers Group acquired the etailer in June last year, Drapers can reveal.

Frasers Group, which owns House of Fraser, Sports Direct and Flannels, has bolstered its homeware portfolio by acquiring independent luxury homeware etailer Amara Living.