Frasers Group’s Managing Director of Sport, Ger Wright, will step down at the end of November 2024, transitioning to a non-executive director role.
- This decision coincides with Frasers Group’s strategic attempts to acquire luxury handbag company Mulberry, marking a period of significant change.
- Ger Wright joined Frasers Group in 2022 after a long tenure at Nike, contributing to the group’s elevation strategy and expansion.
- Under Wright’s leadership, Frasers Group’s sports segment saw the introduction of new concepts, brand collaborations, and international market growth.
- CEO Michael Murray expresses optimism about continuing to leverage Wright’s expertise as the company advances its sports ambitions.
Ger Wright, the Managing Director of Sport at Frasers Group, will vacate her position on November 30, 2024, though she will remain engaged with the company as a non-executive director. This transition comes amid Frasers Group’s ongoing efforts to take control of the luxury handbag brand Mulberry, heralding a phase of transformative developments within the company.
Wright’s career with Frasers Group began in 2022, following a remarkable 16-year journey at Nike. Her tenure at Frasers Group has been noted for her integral contribution to the company’s ambitious ‘elevation strategy’. This strategic initiative aimed to transform the group’s market presence and operational footprint by introducing innovative sports concepts and onboarding new brands.
During her leadership, Frasers Group expanded its sports offering by integrating running and outdoor segments and penetrating various international markets. This expansion reflects the group’s commitment to broadening its appeal and strengthening its position in the global sports retail landscape.
Frasers Group CEO, Michael Murray, acknowledged Wright’s impact, stating: “We look forward to continuing to benefit from Ger’s sector expertise as a non-executive director as we further accelerate the Group’s ambitions in sport.” His remarks underline the group’s strategy to harness experienced leadership to fuel further growth and development.
Ger Wright’s departure as MD of Sport marks a strategic transition for Frasers Group amidst its evolving expansion efforts.