Frasers Group purchases Studio Retail office building

By Scott Dawson Advertising

18 Jan 2023

Mike Twigg Sara Britcliffe Mp And Paul Kendrick

Following the acquisition of Studio Retail Ltd, Frasers has reinforced its commitment to the Hyndburn area by purchasing the 76,000 sq ft office property in Clayton Le Moors which is currently used for Studio Retail's administrative and operational functions.

The office sits alongside the flagship warehouse in Church, which was also acquired by Frasers as part of the initial agreement. By acquiring the additional office space, Frasers will be able to optimise the site, creating better facilities and identifying efficiencies across the broader location.

Alongside the office purchase, Frasers will also invest in creating a purpose-built photography and video studio at the Church warehouse building. This will allow the team to continue creating imagery assets for products on-site with improved facilities.

Frasers Group is one of Europe's leading retailers, providing consumers with access to the world's best sports, premium and luxury brands. The Group is made up of Sports Direct, FLANNELS, House of Fraser, Jack Wills and Evans Cycles, among others. Following the acquisition of Studio Retail in 2022, Frasers has benefitted from Studio's expertise in offering flexible payment options, creating opportunities to expand the offer across the broader brand ecosystem within the Group.

Paul Kendrick, chief executive officer of Studio Retail Limited commented: "The purchase of the office building in Clayton is great news for our long-term future in Hyndburn, and will continue to reassure stakeholders the Frasers Group is investing in our future in Hyndburn.

"There are already over 650 colleagues working in that building, and we can further develop this as we grow. It's great news for our workforce and shows that the Frasers Group deal has brought opportunity to Hyndburn."

Sara Britcliffe, MP for Hyndburn and Haslingden, added: "This is fantastic news for Hyndburn - as one of the borough's largest employers, it's been really important to me to see these exciting developments and the security of jobs. There is also growth potential, with opportunities across the Frasers Group, which can only bring more good news."

Studio Retail (studio.co.uk) is a digital retailer with around 1.8 million customers each year, selling a great value essentials and top brand names at amazing prices across clothing and home product ranges.  It also provides flexible payment options allowing you to pay now, or spread the payments.

WATCH THE VIDEO: https://youtu.be/8Qu_uQf12h4

Latest news

1

Barnfield Construction transitions to an Employee-Owned Business Staff Cheer Photo.jpg.jpg

Barnfield Construction transitions to an Employee-Owned Business

24 Jan 2025

2

Wallsauce looks to grow B2B customer base with increased trade focus Martin Emmott Rosebud and Andy Gerraty Wallsauce

Wallsauce looks to grow B2B customer base with increased trade focus

24 Jan 2025

3

CBP goes into administration Community and Business Partners in Blackburn with doors shut

CBP goes into administration

23 Jan 2025

4

Plan moves forward for new £13.2m Innovation Hub Councillor Phillippa Williamson and Coun Aidy Riggott

Plan moves forward for new £13.2m Innovation Hub

22 Jan 2025

5

Record turnover as Napthens continues to grow Stephen Faulkner

Record turnover as Napthens continues to grow

22 Jan 2025

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
The Lancashire Festival of Business
FOB 315
Exhibitions
30 Jan 2025

The Lancashire Festival of Business

Impact Conferencing, Burnley, BB12 6QP

09:30 - 16:00

Skills Bootcamp in Procurement - Cohort 3
Blue-Modern-Land-Travel-Youtube-Thumbnail-2-1024x576.png.png
LBV Hub Awards
14 Jan 2025 - 18 Mar 2025

Skills Bootcamp in Procurement - Cohort 3

Community & Business Partners CIC, Blackburn, BB2 3UA

09:30 - 13:00

North West Holiday Home Show
PLG - NWHHS - Social - Jan 2024.jpg.jpg
LBV Hub Exhibitions
18 Jan 2025 - 26 Jan 2025

North West Holiday Home Show

South Lakeland House Showground, Yealand Redmayne, LA5 9RN

09:00 - 14:58

The Marketing Meetup IRL: Lancashire
LBV Hub Event Image.png.png
LBV Hub Networking
30 Jan 2025 - 30 Jan 2025

The Marketing Meetup IRL: Lancashire

Strawberry Fields Digital Hub, Chorley, PR7 1PS

18:00 - 20:00

February Preston Tech Connection Meet-Up: Tech & Our Planet
PRESTON TECH CONNECTION jan.ai.png.png
LBV Hub Networking
12 Feb 2025 - 12 Feb 2025

February Preston Tech Connection Meet-Up: Tech & Our Planet

Society1 Coworking Space, Preston, PR1 3LT

18:00 - 19:30

Police Apprenticeship event
Student Centre Autumn 2022.jpg.jpg
LBV Hub Social
12 Feb 2025 - 12 Jan 2025

Police Apprenticeship event

University of Central Lancashire, Foster Social Space , Preston , PR1 2HE

16:00 - 19:00

The Business Network Central & East Lancashire
LBV Hub Networking
13 Feb 2025 - 13 Feb 2025

The Business Network Central & East Lancashire

Mytton Fold, Langho, BB6 8AB

11:30 - 14:15

Sub36 Networking - Behind the beans
Sub36 Social1200Atkinsons New
Networking
14 Feb 2025

Sub36 Networking - Behind the beans

Atkinsons Speciality Coffee, Lancaster, LA1 1 EX

09:00 - 11:30

Red Rose Awards 2025
Red Rose Awards 2025
Awards
13 Mar 2025

Red Rose Awards 2025

Winter Gardens Blackpool

18:00 - 11:59

Lancashire Business Day 2025
241122lbvlancashiredaylhp0647web
Networking
27 Nov 2025

Lancashire Business Day 2025

12:00 - 17:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV120 Online Graphic 1
Subscribe now

Weekly news bulletin