MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Frasers expands deal to launch Sports Direct in five new Asian markets

ALN

Frasers Group PLC on Monday said it was expanding its partnership with MAP Active to launch its Sports Direct brand in five new markets in southeast Asia and India.

The Sports Direct and Flannels owner said, in the long-term, it plans to open more than 350 stores in Indonesia, the Philippines, Thailand, Vietnam and Cambodia.

MAP Active is a sports, fashion and distributor operator based in South Asia. Frasers will use MAP Active’s infrastructure, expertise and distributed brands to position Sports Direct as a ‘premier’ sports retailer in the region and ‘set a new benchmark’ for the sports retail sector in these markets.

‘We’re excited to announce further expansion of our successful partnership with MAP Active to five dynamic new markets where we see potential for long-term growth,’ said Frasers Chief Executive Officer Michael Murray.

‘Building on Sports Direct’s proven sports retail proposition and MAP Active’s market expertise, we look forward to growing our footprint and offering best-in-class brands to consumers in the region.’

Shares in Frasers were down 0.1% at 640.50 pence in London on Monday afternoon. The stock is down 19% over the past year.

Copyright 2025 Alliance News Ltd. All Rights Reserved.