REG - Frasers Group PLC - Update on acquisition of fashion brands

FrasersAnnouncement

08/02/2023 07:00

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RNS Number : 2313P  Frasers Group PLC  08 February 2023

Date: 8 February 2023

 

FRASERS GROUP PLC

("Frasers Group" or "the Company")

 

UPDATE ON ACQUISITION OF FASHION BRANDS

 

Further to the announcement of 16 December 2022, Frasers Group announces the
completion of the acquisition of five of the remaining seven premium fashion
brands (Cricket, Tessuti, Scotts, Giulio and Choice).  The terms of these
acquisitions remain as set out in the announcement of 16 December 2022.

The acquisition of the Rascal Clothing brand will no longer proceed.

Frasers Group will make a further announcement concerning completion of the
acquisition of the remaining premium fashion brand (Topgrade Sportswear
(including Get The Label)) in due course.

Ends

 

 

Frasers Group plc

 

Robert Palmer, Company
Secretary                         T. 0344 245 9200

LEI:213800JEGHHEAXIJDX34
E. investor.relations@frasers.group

 

Chris Wootton, Chief Financial Officer                      T. 0344
245 9200
 
 
   E. financial@frasers.group

 

Ronnie Laffar, Head of PR & Communications         T. 07585 886189

 
                                E. fgpr@frasers.group

 

Rosie Oddy, Brunswick
Group,                                  T.
07734 861279

PR
Advisors
E. frasersgroup@brunswick.com

 

Numis
T. 020 7260 1000

 

Luke Bordewich

Stuart Ord
 

Ollie Steele

 

Liberum
T. 020 3100 2000

 

John Fishley

Kane Collins

Nikhil Varghese

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