Business
STRATEGIC INVESTMENTS IN BOOHOO AND CURRYS
STRATEGIC INVESTMENTS IN BOOHOO AND CURRYS.
About this update from Frasers Group Plc
[{"type":"text","content":"\n\nSTRATEGIC INVESTMENTS IN BOOHOO AND CURRYS\n \nDriving growth through strategic investments is a core part of Frasers' DNA. Under Michael Murray's leadership, we continue to build on our long track record of establishing supportive shareholder positions in attractive retail companies. We have a clear strategy to identify opportunities to invest in businesses which complement our existing sport, premium and luxury businesses, or help us to build and further utilise our sector-leading ecosystem.\n \nBoohoo is an attractive proposition to us with its laser focus on young female consumers. We see potential synergies and an opportunity to strengthen our own brand proposition in collaboration with Boo Hoo, most obviously with Frasers Group brands I Saw It First and Missguided. \n \nOur investment in Currys provides us with a valuable opportunity to build on our foothold in the electricals industry as well as deepening the existing relationship between Currys and Studio, with the potential for further collaboration between the two. Through this investment, we also believe Currys will benefit from Frasers' deep retail know-how and our sector-leading ecosystem.\n \n \n \n\n\n\nFrasers Group plc\nRobert Palmer, Company Secretary\nLEI: 213800JEGHHEAXIJDX34\n \n\n\n \nT. 0344 245 9200\nE. [email protected]\n\n\n\n\n \nChris Wootton, Chief Financial Officer\n\n\n \nT. 0344 245 9200\nE. [email protected]\n \n\n\n\n\n \nRonnie Laffar, Head of PR & Communications\n \n\n\n \nT. 07585 886189\nE. [email protected]\n \n\n\n\n\n \nAndrew Kasoulis, Investor Relations Director\n \n\n\n \nT. 0344 245 9200\nE. [email protected]\n \n\n\n\n\n \nRosie Oddy, Brunswick Group, PR Advisors\n\n\n \nT. 07734 861279\nE. [email protected]\n \n\n\n\n\nBarclays Bank PLC, acting through its Investment Bank\n \n\n\n\n\nNicola Tennent\n \nStuart Muress\n\n\nT. 020 7623 2323\n\n\n\n\n \nNumis\n \nLuke Bordewich\n \nStuart Ord\n \nOllie Steele\n \n\n\n \nT. 020 7260 1000\n\n\n\n\n \nLiberum\n \nJohn Fishley\n \nKane Collins\n \nNikhil Varghese\n\n\n \nT. 020 3100 2000\n \n\n\n\n \n\n","length":7746,"tagName":"div"}]