Frasers Group on topic

Frasers Group plc (formerly Sports Direct International plc) is a British retail group, named after its ownership of British department store chain, House of Fraser. The company is best known for trading predominantly under the Sports Direct brand, which operates in both physical outlets and online. Other retailers owned by the company include Jack Wills, Flannels, USC, Lillywhites, Game, and Evans Cycles. Outside of retail outlets, the company owns numerous brands, including Everlast, Lonsdale and Slazenger. Its ownership of the Everlast name inspired the launch of the Everlast Fitness Club chain in 2020.Established in 1982 by Mike Ashley, the company is the United Kingdom's largest sports-goods retailer and operates roughly 670 stores worldwide. The company's business model is one that operates under low margins. Mike Ashley has continued to hold a majority stake in the business, and his holding has been 61.7 percent since October 2013. It is listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index.
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