Home / Knowledge / News / Announcement / Frasers Group US unit Bob's Stores under strategic review

Frasers Group US unit Bob's Stores under strategic review

Aug '20
Pic: Bob
Pic: Bob's Stores
Nike has cut distribution ties with the Frasers Group’s US subsidiary Bob’s Stores, leading the latter to place the branch under a strategic review, according to the Mike Ashley-owned British retail company, which recently said Nike, as of March next year, will no longer distribute to Bob’s Stores, which trades from 24 stores across the United States.

The company added that Nike’s decision does not directly affect the rest of the Frasers Group, which includes UK-based sportswear giant Sports Direct.

Frasers Group added the Bob’s Stores estate “does not include any of the new elevated stores which are core to the Frasers Group elevation strategy”.

“Frasers Group continues to invest in its store portfolio and brand relationships and remains committed to its elevation strategy,” the company was quoted as saying by British media reports.

Frasers Group had acquired Bob’s Stores in 2017. Nike’s decision to snap ties with Bob’s Stores is part of its wider global strategic shift to increase its e-commerce and direct-to-consumer sales.

The news comes after Frasers Group recently bought DW Sports’ gym and fitness business out of administration for £37 million.

Fibre2Fashion News Desk (DS)

Must ReadView All

Pic: Shutterstock

Textiles | On 15th Jan 2021

US detains cotton products from China's XUAR from Jan 13

US Customs and Border Protection (CBP) recently announced it will...

Pic: Christopher & Banks Corporation

Retail | On 15th Jan 2021

CBKC in US voluntarily files for bankruptcy protection

US specialty women's apparel retailer Christopher & Banks Corporation ...

Pic: Shutterstock

Textiles | On 15th Jan 2021

Hanoi to allocate more than $41 million to support SMEs

Hanoi will allocate VND957 billion (more than $41 million) to assist...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

In 10 years' time, everything will have the responsible factor integrated

Textile industry, Head honchos

Textile industry
Head honchos

South India has a very strong manufacturing base

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Vikram Juneja,

Vikram Juneja

Jaquard is a training institute providing a highly specialised training...

Karen Lou,

Karen Lou

Australia-based Sunseeker has been creating swimwear since 1970. Sunseeker ...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Robert Brunner, Devereux

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

January 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search