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Frasers
House of Fraser (also operating as Frasers) is a British department store group with 44 locations across the United Kingdom, which is now part of Frasers Group. It was established in Glasgow, Scotland in 1849 as Arthur and Fraser. By 1891, it was known as Fraser & Sons. The company grew steadily during the early 20th century, and after the Second World War a large number of acquisitions transformed the company into a national chain. From 1936, the company expanded substantially through acquisitions, including Scottish Drapery Corporation (1952), Binns (1953), Barkers of Kensington (1957), Dickins & Jones and the Harrods group (1959), and J J Allen and Colson's (1969). In 1948, the company was first listed on the London Stock Exchange. Later acquisitions included Howells (1972) and Army & Navy Stores (1973). The group was purchased by the Al Fayed family in 1985 for £615million, beating out Tiny Rowland for control. By 1993, the management of the group were making attempts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frasers Group
Frasers Group plc (formerly known as Sports Direct International plc) is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser. The company is best known for trading predominantly under the Sports Direct brand which operates both physical outlets and online. Other retailers owned by the company include Jack Wills, GAME, Flannels, USC, Lillywhites and Evans Cycles. The company owns numerous intellectual property, including the brands Everlast, Lonsdale, Slazenger and No Fear. The group also expanded into operating fitness clubs, launching the Everlast Fitness Club chain in 2020. Established in 1982 by Mike Ashley, the company is the United Kingdom's largest sports-goods retailer and operates roughly 670 stores worldwide. The company's business model is one that operates under low margins. Mike Ashley has continued to hold a majority stake in the business, and his holding has been 61.7 percent since O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mike Ashley (businessman)
Michael James Wallace Ashley (born 9 September 1964) is a British billionaire retail entrepreneur focused in the sporting goods market, and the chief executive of Frasers Group Plc (formerly Sports Direct International). He entered the department store industry following the acquisition of House of Fraser post-administration in 2018. He was formerly the owner of Newcastle United football club, having bought it for £135 million in 2007 until selling the club in October 2021. According to The ''Sunday Times Rich List'' in 2021, Ashley is the 61st richest person in the UK with an estimated net worth of £2.718 billion. In August 2021 Ashley announced that he intended to step down as CEO of Frasers Group PLC in May 2022, but remain a Director of the main Board. Since Sports Direct International Plc went public, and his purchase of Newcastle United where he took to sitting in the stands with fans, Ashley took on a more public and accessible persona. However, after the depar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howells (department Store)
Howells is a large department store located on St Mary Street in Cardiff, Wales. The store was established in Cardiff by James Howell in 1865. It was acquired by the House of Fraser group in 1972 and re-branded as House of Fraser in 2010. History James Howell was the son of a Pembrokeshire farmer. On 21 October 1865 he opened a shop in The Hayes, Cardiff, in a building called Stuart Hall. In August 1867 the drapery shop moved to St Mary Street. By 1892 he had a shop which extended from Trinity Street in the east, to St Mary Street in the west. The first part of the current store was built in the late-19th century, this part of the building includes an ornate facade that is visible on St Mary Street. In the 1920s a large and well-proportioned neoclassical extension was built up to the corner of St Mary Street and Heol-y-Cawl. A unique result of this extension was that Bethany Chapel, built on the site of an earlier chapel in 1865, was absorbed into the fabric of the building ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barkers Of Kensington
Barkers of Kensington was a department store in Kensington High Street, Kensington, London. It began as a small drapery business, John Barker & Company, founded by Sir John Barker, 1st Baronet, John Barker and Sir James Whitehead, 1st Baronet, James Whitehead in 1870. Barkers grew rapidly to become one of London's largest and most well-known department stores. The company played a significant role in establishing Kensington High Street as one of London's principal shopping destinations for most of the twentieth century. The business was purchased by House of Fraser in 1957. Barkers closed permanently in 2006. Part of the former flagship building now contains a branch of Whole Foods Market (2019). Early history In 1870 John Barker and James Whitehead opened a small drapery business at 91–93 Kensington High Street. James Whitehead (a city merchant) was the investor, while John Barker ran the store. John Barker's plan was to start small and grow his business to a full-line de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Land Company
The British Land Company plc is one of the largest property development and investment companies in the United Kingdom. The firm became a real estate investment trust when REITs were introduced in the UK in January 2007. It is headquartered in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index and a founding member of the European Public Real Estate Association. History The British Land Company was founded in 1856 as an offshoot of the National Freehold Land Society (later Abbey National) formed in 1849 with the two chief architects of the freehold land movement Richard Cobden and John Bright. Both were ardent supporters of a movement to extend enfranchisement. To qualify for a parliamentary vote it was then necessary to be a landowner and the main object of the National Freehold was to facilitate the acquisition of small plots of land by the people. To do this the British Land Co. would purchase land and then resell it on t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FTSE Group
FTSE International Limited trading as FTSE Russell ( "Footsie") is a British provider of stock market indices and associated data services, wholly owned by the London Stock Exchange (LSE) and operating from premises in Canary Wharf. It operates the well known UK FTSE 100 Index as well as a number of other indices. FTSE stands for Financial Times Stock Exchange. History The FTSE Group was created in 1995 by Pearson (former parent of the ''Financial Times'') and the London Stock Exchange Group. In 2010, the joint venture with Xinhua Finance was terminated, the index series was renamed into FTSE China Index Series; the Hong Kong incorporated company was renamed to "FTSE China Index Limited". In 2011, Pearson sold its stake to LSE. Main business FTSE Group operates 250,000 indices calculated across 80 countries and in 2015 was the number three provider of indices worldwide by revenue. FTSE Group earns around 60 per cent of revenue from annual subscription fees and 40 per cent f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiny Rowland
Roland Walter "Tiny" Rowland (; 27 November 1917 – 25 July 1998) was a British businessman, corporate raider and the chief executive of the Lonrho conglomerate from 1962 to 1993. He gained fame from a number of high-profile takeover bids, in particular his attempt to take control of Harrods. He was known for his complex business interests in Africa and his closeness to a number of African leaders. Early life He was born Roland Walter Fuhrhop on 27 November 1917 during World War I in a British internment camp for aliens outside Calcutta, India. His mother was Anglo-Dutch and his father, Wilhelm Fuhrhop, was a German export-import trader in Calcutta. Having been born in British India, he acquired automatic British citizenship by the custom of ''jus soli''. However, his parents remained "enemy aliens" for the duration of the First World War, and after the war, the Fuhrhops were refused entry into the United Kingdom. They settled in Hamburg, Germany. He was said to have been nickn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Fayed
Mohamed Al-Fayed (; arz, محمد الفايد ; born 27 January 1929) is an Egyptian-born businessman whose residence and chief business interests have been in the United Kingdom since the late 1960s. His business interests include ownership of Hôtel Ritz Paris and formerly Harrods department store and Fulham F.C., both in London. In November 2022, Fayed's wealth was estimated at US$1.9 billion, ranking his wealth at no. 1,512 in the world. Fayed's son Dodi, from his first marriage to Samira Khashoggi from 1954 to 1956, was in a romantic relationship with Diana, Princess of Wales, when they both died in a car crash in Paris in 1997. Fayed married Finnish socialite and former model Heini Wathén in 1985, with whom he also has four children: Jasmine, Karim, Camilla, and Omar. Early life Fayed was born in Roshdy, Alexandria, Egypt, the eldest son of an Egyptian primary school teacher from Asyut. His year of birth has been disputed. His website, alfayed.com,domain name verif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Army & Navy Stores (United Kingdom)
Army & Navy Stores was a department store group in the United Kingdom, which originated as a co-operative society for military officers and their families during the nineteenth century. The society became a limited liability company in the 1930s and purchased multiple independent department stores during the 1950s and 1960s. In 1973, the Army and Navy Stores group was acquired by House of Fraser. In 2005, the remaining Army & Navy stores (the flagship store located on Victoria Street in London and stores in Camberley, and Chichester) were refurbished and re-branded under the House of Fraser nameplate. House of Fraser itself was acquired by Icelandic investment company, Baugur Group, in late 2006, and then by Sports Direct on the 10 August 2018. The Victoria Street department store, trading as House of Fraser in 2019, is situated in the City of Westminster, to the south of St. James's Park. It is the only department store to trade in the locality. Each of its four selling-floors h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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