Table of Contents
Spree: Frasers Group has acquired stakes in Currys, Boohoo (pictured) and Asos
Mike Ashley’s retail empire is expected to report profits of up to £550m this week.
The Frasers Group tycoon owns brands including Sports Direct, House of Fraser, Jack Wills and Flannels.
An acquisition spree also saw it buy fast fashion site Missguided and the group has also acquired stakes in Currys, Boohoo and Asos.
But much of the group’s success is still down to Sports Direct, which Ashley founded in 1982. The retailer accounted for more than half of Frasers’ £2.8bn revenue in its half-year results.
A store renovation and new flagship stores have helped elevate the brand.
Aarin Chiekrie, of Hargreaves Lansdown, said experts had been “impressed by the early signs” at the new stores.
DIY INVESTMENT PLATFORMS
![Frasers Group posts big profits in fashion sector 7 Easy investment and ready-to-use portfolios](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/02/Britains-pay-rises-forecast-to-slow-for-the-first-time.png.webp)
AJ Bell
![Frasers Group posts big profits in fashion sector 7 Easy investment and ready-to-use portfolios](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/02/Britains-pay-rises-forecast-to-slow-for-the-first-time.png.webp)
AJ Bell
Easy investment and ready-to-use portfolios
![Frasers Group posts big profits in fashion sector 9 Free investment ideas and fund trading](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/02/1707733883_749_Britains-pay-rises-forecast-to-slow-for-the-first-time.jpg.webp)
Hargreaves Lansdown
![Frasers Group posts big profits in fashion sector 9 Free investment ideas and fund trading](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/02/1707733883_749_Britains-pay-rises-forecast-to-slow-for-the-first-time.jpg.webp)
Hargreaves Lansdown
Free investment ideas and fund trading
![Frasers Group posts big profits in fashion sector 11 Flat rate investing from £4.99 per month](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/02/1707733883_266_Britains-pay-rises-forecast-to-slow-for-the-first-time.png.webp)
interactive investor
![Frasers Group posts big profits in fashion sector 11 Flat rate investing from £4.99 per month](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/02/1707733883_266_Britains-pay-rises-forecast-to-slow-for-the-first-time.png.webp)
interactive investor
Flat rate investing from £4.99 per month
![Frasers Group posts big profits in fashion sector 13 Stock Investing: Community of Over 30 Million](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/02/1707733883_634_Britains-pay-rises-forecast-to-slow-for-the-first-time.png.webp)
eToro
![Frasers Group posts big profits in fashion sector 13 Stock Investing: Community of Over 30 Million](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/02/1707733883_634_Britains-pay-rises-forecast-to-slow-for-the-first-time.png.webp)
eToro
Stock Investing: Community of Over 30 Million
![Frasers Group posts big profits in fashion sector 15 Free and commission-free stock trading per account](https://media.sailthru.com/composer/images/sailthru-prod-626/trading%20212%20logo.jpg%20)
Trade 212
![Frasers Group posts big profits in fashion sector 15 Free and commission-free stock trading per account](https://media.sailthru.com/composer/images/sailthru-prod-626/trading%20212%20logo.jpg%20)
Trade 212
Free and commission-free stock trading per account
Affiliate links: If you purchase a product This is Money may earn a commission. These offers are chosen by our editorial team as we believe they are worth highlighting. This does not affect our editorial independence.