Frasers Group Expands Portfolio with Acquisition of THG Luxury Websites
Monday, 24 June 2024, 08:08
Frasers Group Acquisition of THG Luxury Websites
Frasers Group, the parent company of Sports Direct, has finalized the acquisition of THG's luxury websites, including premium brands like Coggles.
Strategic Partnership with THG
This acquisition marks a strategic partnership between Frasers Group and THG, aiming to enhance their presence in the luxury online retail sector.
- Expansion Plans: Frasers Group intends to sell THG's protein powder in its retail stores, expanding the product offerings for customers.
- Market Impact: The collaboration signifies a significant move in the luxury online retail market, opening up new opportunities for both companies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.