Frasers vs Next: How big are their growing retail empires?
Retail Gazette
OCTOBER 19, 2023
Frasers Group stated that at the time of the acquisition, that the online fast fashion retailer owed £13m to its shareholders. The brand needed the loan while it sold through excess stock it was left with after shipping issues peak last year caused delivery delays. pre-pack administration deal in August 2019.
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