
Frasers Group has revealed its expansion plans for Flannels!
The new stores of Flannels have been instrumental in helping Frasers Group increase its half-yearly profit before tax by 17.6 per cent.
Also Read: Frasers Group sees half-yearly profits surge by 17.6%
And now Frasers Group has announced that it will be opening 15 new Flannels stores in next 5 years.
The decision is being seen as Fraser Group’s expansion strategy for Flannels, which it had acquired in full in September 2017.
The store launch will begin in 2021 with 3 flagship stores coming up at Leicester, Liverpool and Sheffield.
Each of its stores will be spread over a large area that has a size of over 30,000 square feet and will exhibit the best of its luxury apparels.
Additionally, the stores will also have a gymnasium, a beauty hall and a restaurant.
Liverpool, where Frasers Group is planning to launch one of Flannels’ stores next year, is the fifth largest retail centre in the country.
Recognising Liverpool as the powerhouse of culture and style, Frasers Group believes Liverpool is the symbiotic home for Flannels.
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