Business case: Frasers Group
The UK domino effect: after Arcadia and Debenhams, Frasers Group?
United Kingdom is living dark days as both the pandemic and the Brexit are putting huge pressure on the country’s economy, and the retail sector has not been spared. The recent announcement of large retail group Arcadia filing for bankruptcy, and department store chain Debenhams entering liquidation, are another blow in the UK retail sector.
Frasers Group, ex Sports-Direct group, is a UK-based retail group that has been expanding its fashion and luxury portfolio over the past few years, trying to shift away from the sports tag toward a luxury brand. After the acquisition of Flannels and British department store chain House of Fraser, and the stakes in Mulberry and Hugo Boss, the group appears to be trying to establish itself as a lifestyle and luxury retailer.
IADS reviews the opportunities and risks for the group to elevate in this trouble timing.
IADS provides its members with a weekly in-depth analysis on retail-oriented topics. This is an example of the themes the Association regularly addresses, and the topic of an article from the IADS members-only newsletter date 03 December 2020.