Watchshop frasers

Watchshop acquired by Frasers Group

Frasers Group, the owner of Sports Direct, House of Fraser and Flannels, has bought Watchshop.

Frasers Group, the owner of Sports Direct along with Frasers, House of Fraser and Flannels department stores, has bought Watchshop.

The online watch retailer had been owned by JD Sports for the past year, having previously been a Watches of Switzerland Group company.

JD Sports sold Watchshop as part of a £47.5 million deal to transfer 15 fashion brands to Fraser Group.

JD Sports wants to focus on its core sport and fitness business, and divested non-core brands including Base Childrenswear, Clothingsites, Kids Cavern, Missy Empire, Nicholas Deakins, Pretty Green, Prevu Studio and Watchshop.

The deal was announced in December, but there is no additional detail about how Watchshop will be integrated into Fraser Group.

It continues to run as a standalone business under the same leadership team.

Leave a comment

Your email address will not be published. Required fields are marked *