Flannels (retail)

Flannels is a British multi-brand retailer. It has 45 locations open in the UK.

Flannels
TypePublic
IndustryRetail
Founded1976 (1976)
FounderNeil Prosser
HeadquartersLondon, United Kingdom
Number of locations
42
ProductsClothing, footwear, accessories
ParentFrasers Group
Websiteflannels.com

Flannels was founded by Neil Prosser in 1976, who remained the managing director until the brand was acquired by Frasers Group (formerly Sports Direct International) in 2017.[1]

History

Neil Prosser founded Flannels in 1976 with a menswear store in Knutsford, Cheshire.[2]

Neil Prosser’s friendship with successful retailer Jim Gibson led to a joint venture in 1995[3] with womenswear and menswear stores under the name Cruise Flannels being opened in Nottingham, and subsequently in Birmingham and Newcastle in 1996.

In February 2000 Prosser and Gibson went their separate ways after their venture grew to 17 stores nationwide, and the Cruise Flannels shops in Birmingham and Nottingham were rebranded as Flannels sites.[3]

In 2012, Frasers Group bought a majority 51% stake in Flannels.[4] In September 2017 they acquired brand in full [5] and began investing in the stores.

References
  1. Laura Chesters (13 July 2012). "Sports Direct buys loss-making Flannels for 'a nominal sum'". The Independent. independent.co.uk. Retrieved 18 June 2014.
  2. Sarah Walters (15 February 2007). "Quiet gent who became world beater". Manchester Evening News. manchestereveningnews.co.uk. Retrieved 18 June 2014.
  3. Laura Chesters (19 May 2006). "Clothes maketh the man". Property Week. propertyweek.com. Retrieved 18 June 2014.
  4. George MacDonald (13 July 2012). "Sports Direct takes majority stake in Flannels". Drapers. drapersonline.com. Retrieved 18 June 2014.
  5. Frost, Richard (6 September 2017). "Flannels now wholly owned by Sports Direct". Insider Media Ltd.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.