After Matches, now Frasers Group puts kidswear chains into administration

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 |  
Mar 2024
 |  
Fashion Network
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What: Frasers Group has placed its kidswear brands Base Childrenswear, Kids Cavern, and Flannels Junior into administration, continuing its recent pattern of restructuring its portfolio.

Why it is important: This decision reflects the ongoing strategic reevaluation within Frasers Group, which is known for its expansive retail portfolio. By putting these specific kidswear chains into administration shortly after doing the same with Matches, Frasers Group signals a significant shift in its business focus and the challenges faced by the retail sector, particularly in specialized markets like luxury kidswear.

Frasers Group, a major player in the UK retail sector, has taken a bold step by placing Base Childrenswear, Kids Cavern, and Flannels Junior into administration, with Kroll's Michael Vincent Lennon and Benjamin John Wiles overseeing the process. This move follows the acquisition of Base Childrenswear from JD Sports in December 2022 and its integration into the Flannels brand. The affected stores, located in major shopping centers and rebranded as Flannels Junior, have begun closing down sales, with about 50 employees facing potential redundancy. This development highlights the ongoing adjustments within Frasers Group and the broader retail industry's response to market pressures and shifting consumer preferences.


After Matches, now Frasers Group puts kidswear chains into administration