Launched as a vogue retailer for the prosperous in 1976, Flannels, a menswear retailer within the UK, has now turn out to be a luxurious retailer for males, girls, and youngsters. From its first location at Knutsford, Cheshire, immediately, the retailer has greater than 50 places throughout the UK. The shops flaunt all main manufacturers, from Armani to Gucci, Versace to Burberry, and extra. The vary of merchandise consists of ready-to-wear, footwear, and equipment, and the newest addition is the sweetness and junior collections. These curious to know who owns flannels ought to know that the Frasers group is the present proprietor of the British Multi-brand retailer based by Neil Prosser. Till the Fraser Group took over the retail chain in 2017, Neil Prosser was the Managing Director.
What You Can Discover at Flannels
British vogue seekers with deep pockets looking for the newest choices in clothes for males, girls, and youngsters, which incorporates underwear, sneakers, jackets, baggage, equipment, and sweetness merchandise from world-famous manufacturers, throng the flannels shops. Shares of designer manufacturers create essentially the most spectacular portfolio of the shops, together with Flannels Manchester and several other others throughout the size and breadth of the British Isles.
Creating Subsequent-Technology Shops
The enterprise was worthwhile solely when Frasers Group took over the retail chain. The takeover was a turning level within the historical past of the high-end retail chain for vogue and equipment as the brand new homeowners realized the necessity to revamp the shops and make them extra modern. Whereas manufacturers are important, their presentation by retailers performs a vital function in doing good enterprise and growing income. With that in thoughts, the Frasers Group set out on a mission to set a brand new customary for luxurious by launching new shops within the vogue chain regardless of the downturn brought on by the Covid-19 pandemic.
In 2020, the administration determined to open 15 new shops by 2025, which could be very a lot on monitor. The brand new shops embody the conversion of the Home of Fraser in Sheffield’s Meadowhall Buying Heart and an Owen Departmental retailer in Liverpool. As well as, a brand new website was deliberate, the Fosse Park buying middle in Leicester.
To fulfill the brand new era’s expectations, the shop in Liverpool will embody a rooftop restaurant, a health studio, and a magnificence corridor. The shops in Leicester and Sheffield can be twice the dimensions of the flagship retailer at London’s Oxford Road and canopy greater than 30,000 sq. toes.
Trendy, agile retail areas enable the brand new era to loosen up and soak within the ambiance whereas purchasing for their favourite manufacturers.
Success Breeds Success
The vary of merchandise consists of luxurious streetwear akin to Stone Island sweatshirts priced at £220 and Balenciaga trainers costing greater than £500. Nevertheless, the long-term growth targets of Frasers Group proved an important success as inside 4 years, the variety of Flannels shops when as much as 40 from simply 12.
The excessive danger that the administration took throughout essentially the most troublesome instances in 2020 was a big gamble that paid off nicely. Flannels is anticipated to achieve increased in coming years with their new vogue line and merchandise.
Originally posted 2023-05-19 08:57:30.