Takeover deals boost Sports Direct owner Frasers amid ‘tough’ backdrop
International revenue climbed 59.2% as acquisitions in South Africa and Norway helped offset a 4.7% drop in UK sports retail sales.
- Frasers Group reported an 8.7% revenue increase to £5.33 billion for the 52 weeks ended April 26, 2026, driven primarily by surging international sales and strategic acquisitions.
- International revenues surged 59.2% to £1.6 billion, bolstered by takeover deals for South African sporting goods retailer Holdsport and Norwegian sports chain XXL, contributing £50m to adjusted profit.
- Frasers has intensified acquisition activity in recent weeks, launching a £1.7bn offer for German fashion house Hugo Boss and a £166m approach for Australian footwear retailer Accent Group.
- Shares dipped 3% to 737p on Thursday as the company acknowledged it "continued to feel the impact of tough trading conditions" and subdued consumer confidence.
- Chief Executive Michael Murray said the "elevation strategy" is "going from strength to strength," with the firm working to elevate existing labels including Everlast and Slazenger.
12 Articles
12 Articles
Revenue on the rise at Frasers Group
Revenue is on the rise at Shirebrook retail giant Frasers Group. According to full year results for the 52 weeks ended 26 April 2026, revenue was up 8.7% at £5.33bn, which the firm notes was driven by international revenue growth of 59.2%. Reported pre-tax profits, meanwhile, increased 38.9% to £527.8m, although adjusted profit before tax […]
Frasers Group profit jumps 39% to £528m as takeover spree drives growth
The fashion group, which owns Sports Direct and Flannels, said its recent takeover bids and moves to build stakes in rivals are bolstering its balance sheet amid a 'challenging environment'
Evening Standard
Takeover deals boost Sports Direct owner Frasers amid ‘tough’ backdrop
It comes as Mike Ashley’s retail vehicle continues to pursue a raft of further deals, including potential takeovers for Hugo Boss and Harvey Nichols.
Mike Ashley’s Frasers feels lift from takeover spree
Mike Ashley’s Frasers Group has seen its profit jump as it pushes ahead with a turnaround plan and launches a spree of takeover bids for foreign retailers. The fashion group, which owns Sports Direct and Flannels, said its recent takeover bids and moves to build stakes in rivals are bolstering its balance sheet amid a “challenging environment”. The FTSE 250 firm saw revenue jump by eight per cent to £3.3bn in the year to the end of April, as p…
Premium Lifestyle full year sales down at Frasers group
Retail group Frasers has reported a growth in full year sales although its Premium Lifestyle segment saw revenues decline. According to its full year results for the 52 weeks ended 26 April 2026, total group sales rose 8.7% to £5.3bn, driven by international revenue growth of 59.2% to £1.6bn. Adjusted pre-tax profit resulted at £538m, […] The post Premium Lifestyle full year sales down at Frasers group appeared first on Big Furniture Group.
Frasers Group grows revenue while reshaping its retail portfolio, says GlobalData
Discover what's happening in retail today, Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and much more. Following today’s release of Fraser’s Group figures for the year ending 26 April 2026; Sharon Iles, senior apparel analyst at GlobalData, a leading intelligence and productivity platform, offers her view: “Frasers Group grew revenue 8.7% to £5,325.9m in FY2025/26, driv…
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