{"id":796,"date":"2025-12-05T13:31:26","date_gmt":"2025-12-05T13:31:26","guid":{"rendered":"https:\/\/microvibenews.com\/?p=796"},"modified":"2025-12-05T13:31:26","modified_gmt":"2025-12-05T13:31:26","slug":"frasers-sees-significant-international-growth-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=796","title":{"rendered":"Frasers sees &#8216;significant&#8217; international growth \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Flannels-in-Dundee.png\" alt=\"Flannels Dundee\" class=\"wp-image-187116 lazyload\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"531\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Flannels-in-Dundee.png\" alt=\"Flannels Dundee\" class=\"wp-image-187116 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Flannels-in-Dundee.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Flannels-in-Dundee-300x201.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Flannels-in-Dundee-768x514.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2025\/12\/Flannels-in-Dundee-600x401.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Frasers has opened in Dundee\u2019s Overgate<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">Frasers Group said it has benefited from international growth and is confident in long-term opportunities as it reported a solid first half.<\/p>\n<p class=\"has-medium-font-size\">Revenue rose 5% to \u00a32.58 billion, driven by a significant 42.8% increase in international revenue, though adjusted profit before tax (APBT) fell 2.8% to \u00a3290.9m because of increased impairments and interest costs. <\/p>\n<p class=\"has-medium-font-size\">The company\u2019s Elevation Strategy has produced an improvement in gross margin to 47.3%, while retail profit from trading increased by 12.2% to \u00a3411.4m. <\/p>\n<p class=\"has-medium-font-size\">Despite challenging market conditions, Frasers Group said it is reiterating its full-year APBT guidance of \u00a3550m to \u00a3600m and continues to invest in international expansion, brand partnerships, and strategic property acquisitions.<\/p>\n<p class=\"has-medium-font-size\">The company confirmed that it paid \u00a3217.6 million to acquire the Braehead shopping mall west of Glasgow. Earlier this week it opened a Flannels store in Dundee\u2019s Overgate Centre which it also owns.<\/p>\n<p class=\"has-medium-font-size\">Net assets increased to \u00a32,394.2m, and the Group secured a new \u00a33.1bn credit facility.<\/p>\n<p class=\"has-medium-font-size\">Michael Murray, chief executive, said:\u00a0 \u201cWe\u2019ve made a solid start to FY26 even though market conditions are tough, consumer confidence is very subdued and excess inventory continues to weigh on the industry, leading to increased promotional activity. <\/p>\n<p class=\"has-medium-font-size\">\u201cWhile we remain cautious into the second half, our focus is unwavering as we confront these challenges head-on, and we are today re-iterating our FY26 APBT guidance of \u00a3550m to \u00a3600m. <\/p>\n<p class=\"has-medium-font-size\">\u201cWe are continuing to invest boldly in our Elevation Strategy-deepening brand partnerships, elevating our product mix, opening new Sports Direct stores internationally, and acquiring strategic properties to strengthen our portfolio. <\/p>\n<p class=\"has-medium-font-size\">\u201cThese steps reinforce our ambition and give us real confidence in the substantial long-term opportunities ahead for the group.\u201d<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Frasers #sees #significant #international #growth #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Frasers has opened in Dundee\u2019s&hellip; <\/p>\n","protected":false},"author":1,"featured_media":797,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[560,266,265,561,562,567,566,563,564,565],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/796"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=796"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/797"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}