All Studio Retail Group articles
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Article
Frasers confident in strategy despite short-term challenges for premium lifestyle biz
UK retailer Frasers Group, which maintains its ambition to become the top sports retailer across the EMEA, reported a 12.6 percent increase in adjusted profit before tax (APBT) to £303.8 million (€354.6m) in H1/FY24 and said sales momentum in the early weeks of H2 were being driven by its Sports ...
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News briefs
Frasers acquires troubled online retailer Studio Retail
Frasers Group, the parent company of Sports Direct, announced today it has acquired Studio Retail Limited and certain other assets of Studio Retail Group plc. The British online retailer Studio Retail Group had filed for administration earlier this month for itself and its wholly-owned subsidiary Studio Retail Limited after failing ...
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News briefs
Studio Retail files for administration
British online retailer Studio Retail Group, known until mid-2019 as Findel plc, filed for administration – a British form of bankruptcy proceedings – for itself and Studio Retail Limited, its wholly-owned subsidiary, after failing to obtain a £25 million (€30m) short-term loan. The company also suspended its shares on the ...