viewFrasers Group PLC

Frasers Group PLC - Nike Distribution to Bob's Stores

RNS Number : 1384X
Frasers Group PLC
25 August 2020

Date: 25 August 2020


Frasers Group plc

("Frasers Group" or the "Company")


Nike distribution to Bob's Stores


Following recent press reports, Frasers Group confirms that it was yesterday notified that, as of the end of March 2021, Nike will no longer distribute to Bob's Stores, a Frasers Group subsidiary that trades from 24 outlets in the United States. Frasers Group understands that Bob's Stores is one of several US based retailers Nike has cut ties with in recent days.


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.      


While Nike's decision does not directly affect the rest of the Frasers Group, Bob's Stores will immediately be put under strategic review.




Frasers Group plc                          T. 0344 245 9200

Tom Piper, Company Secretary    E. [email protected]

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Private Policy.

Quick facts: Frasers Group PLC

Price: -

Market: LSE
Market Cap: -

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


2 min read