Boohoo Group has announced a new fundraising initiative to tackle its mounting financial losses. The company reported significant losses in its latest financial results, and aims…
Browsing: Frasers Group
Boohoo, a leading online fashion retailer, is facing significant challenges as it experiences a financial slump and tensions with the Frasers Group.The fashion giant reported a…
Boohoo is navigating challenging times with widening losses and a strategic call to reject Mike Ashley’s board bid.The company posted increased pre-tax losses of £147.3m, highlighting…
Frasers Group has strategically rebranded Coggles’ only physical store into a Flannels outlet.Coggles’ flagship store in Alderley Edge was its sole brick-and-mortar location since 2017.The transformation…
Frasers Group has been actively expanding in luxury fashion through strategic acquisitions and developments.Backed by significant investments, Flannels has grown into a leading multi-brand premium retailer…
Coggles is set to continue as an online platform under Frasers Group’s ownership while Flannels assumes the physical storefront.Frasers Group acquired Coggles in June, focusing on…
Boohoo Group’s decision to hold shareholder meetings without including Frasers Group has caused significant tension.Dan Finley, Boohoo’s new CEO, is engaging with major investors, with Frasers…
Boohoo Group challenges Frasers Group’s push for influence in its strategic review, labeling it self-serving.Frasers owns a significant stake in Boohoo, raising concerns over its conflicting…
In a recent development, Boohoo Group has responded to its major shareholder, Frasers Group, regarding their business strategies and conflicts of interest. The ongoing dispute highlights…
Philip Browne, a distinguished menswear retailer, is closing after 38 years.Opened in 1986, it became known for introducing top designers.Frasers Group acquired it from JD Sports…