Home / Knowledge / News / Retail / 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

Apparel/Garments | On 18th Jan 2021

Workplace injuries, death declined in Bangladesh in 2020

Bangladesh witnessed 433 instances of workplace injury and 729 deaths ...

Pic: Shutterstock

Apparel/Garments | On 18th Jan 2021

Philippine garments, hard goods exports likely to grow 15%

Exports of garments and hard goods in the Philippines are likely to...

Pic: Aptos

Information Technology | On 18th Jan 2021

Aptos acquires software company LS Retail

Aptos, a leader in retail technology solutions, has announced that it ...

Interviews View All

Office bearers, Textile industry

Office bearers
Textile industry

There might be negative impact on garment exports

Rahul Bhadani, Looksgud

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Paolo Toricella,

Paolo Toricella

Electronics for Imaging (EFI) is a global technology company, based in...

Priyanka Gandhi,

Priyanka Gandhi

Established in 2016, Surat-based Shree Ganesh Yarns is a manufacturer of...

Michael Van Den Dolder,

Michael Van Den Dolder

Family-owned German textile machinery manufacturer Trützschler operates...

Eamonn Tighe, Nature Works LLC

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly, Suominen Corporation

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Davide Vigano, Sensoria

Davide Vigano

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Igor Chapurin, Chapurin

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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