Frasers Group Plc (FRAS)

Profile

https://www.frasers.group

Frasers Group Plc is a British public limited company operating as a diversified retail, sport, real estate, and intellectual property group. Founded in 1982 by Mike Ashley as a single sports store, it has grown into the United Kingdom's largest sports-goods retailer, primarily through the Sports Direct brand, alongside premium lifestyle fascias like Frasers, Flannels, USC, and Jack Wills. The group retails sports and leisure clothing, footwear, equipment, and apparel via physical stores, multi-fascia retail spaces, department stores, and online platforms, while owning brands such as Everlast, Lonsdale, Slazenger, and Karrimor. It has expanded into fitness clubs with Everlast Fitness, launched the buy-now-pay-later service Frasers Plus in 2023, and aggressively acquired properties including shopping centres like Braehead and outlet parks. Frasers Group Plc also holds stakes in companies like ASOS and Currys, and pursues international growth through acquisitions such as The Webster and Hervis Sports stores. Listed on the London Stock Exchange and part of the FTSE 250 Index, it employs over 32,000 people and shapes the consumer cyclical specialty retail sector with a low-margin business model.