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Frasers Group Expands Premium Portfolio with THG Partnership

The deal includes the acquisition of luxury brand websites and the integration of Frasers' credit and loyalty program into THG's tech platform.

  • Frasers Group acquires THG's luxury brand Coggles and other websites to strengthen its premium offerings.
  • The partnership will integrate Frasers Plus, a consumer credit and loyalty program, into THG's Ingenuity platform.
  • THG will sell its Myprotein products in Sports Direct stores, leveraging Frasers' retail network.
  • The deal aims to enhance THG's logistics and courier management services, particularly in Australia.
  • THG maintains its revenue guidance despite ongoing shareholder pressure and legal disputes.
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