Frasers Group

Frasers Group plc
Formerly
  • Sports Direct International Limited (2006–2007)[1]
  • Sports Direct International plc (2007–2019)[1]
Company typePublic
Industry
Founded1982; 42 years ago (1982)
FounderMike Ashley
HeadquartersShirebrook, England, UK[1]
Key people
Products
List
Brands
List
Services
  • Frasers Plus
  • Studio Pay
RevenueIncrease £5,565.2 million (2023)[2]
Increase £531.8 million (2023)[2]
Increase £501.3 million (2023)[2]
OwnerMike Ashley (61.7%)
Number of employees
30,000 (2024)[3]
Websitefrasers.group

Frasers Group plc (formerly known as Sports Direct International plc) is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser.

The company is best known for trading predominantly under the Sports Direct brand which operates both physical outlets and online.[4] Other retailers owned by the company include Jack Wills, GAME, Flannels, USC, Evans Cycles, Matches Fashion, and bespoke tailors Gieves & Hawkes. The company owns numerous intellectual property, including the brands Everlast, Lonsdale, Slazenger and Karrimor.[5] The group also expanded into operating fitness clubs, launching the Everlast Fitness Club chain in 2020.[6]

SportsDirect.com Retail Limited
Sports Direct
Formerly
  • Sports Soccer Limited (1997–2003)[7]
  • Sports World International Limited (2003–2008)[7]
Founded1982; 42 years ago (1982)
FounderMike Ashley
Number of locations
715 stores (2022)[2]
RevenueSee above
Websitesportsdirect.com

Established in 1982 by Mike Ashley, the company is the United Kingdom's largest sports-goods retailer.[8] The company's business model is one that operates under low margins.[9] Mike Ashley has continued to hold a majority stake in the business, and his holding has been 61.7 percent since October 2013.[10] It is listed on the London Stock Exchange and it is a constituent of the FTSE 100 Index.[11]

  1. ^ a b c "Frasers Group plc overview - Find and update company information - GOV.UK". Companies House. 21 December 2006. Retrieved 28 February 2024.
  2. ^ a b c d "FY23 Results" (PDF). Frasers Group. Retrieved 24 August 2023.
  3. ^ "About us". Frasers Group. Retrieved 11 February 2024.
  4. ^ "Mike Ashley's Frasers Group unveils £100m incentive for staff". www.retailgazette.co.uk. 12 September 2020. Retrieved 14 October 2020.
  5. ^ "Frasers says it will strengthen its gym and fitness business Everlast with latest acquisition. - Retail Gazette". www.retailgazette.co.uk. 16 August 2020. Retrieved 14 October 2020.
  6. ^ Lin, Binshan; Hastings, Deborah Ann; Martin, Christopher (November 1994). "Shoplifting in Retail Clothing Outlets". International Journal of Retail & Distribution Management. 22 (7): 24–29. doi:10.1108/09590559410069909. ISSN 0959-0552.
  7. ^ a b "SportsDirect.com Retail Limited overview - Find and update company information - GOV.UK". Companies House. 21 July 1997. Retrieved 29 February 2024.
  8. ^ Finch, Julia (28 February 2007). "Flotation makes Sports Direct founder a billionaire". The Guardian. London. Retrieved 7 November 2007.
  9. ^ Millar, Michael (12 September 2013). "How Sports Direct beat the opposition". BBC News. Retrieved 10 February 2014.
  10. ^ Titcomb, James (24 October 2013). "Ashley sells £106m in Sports Direct shares". The Daily Telegraph. London. Archived from the original on 12 January 2022. Retrieved 10 February 2014.
  11. ^ "Meggitt (UK): Constituent Deletion - Update: Changes in FTSE UK Index Series". 8 September 2022. Retrieved 12 September 2022.