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Frasers Group Acquires East Midlands and York Designer Outlets

Frasers Group said the deal expands its outlet portfolio as the company already owns more than one-fifth of the UK outlet market.

  • On Wednesday, Frasers Group acquired the East Midlands Designer Outlet and York Designer Outlet from the McArthurGlen Group, with financial terms undisclosed.
  • Frasers Group CEO Michael Murray stated the acquisitions reinforce the company's vision of leveraging partnerships with global brands to unlock mutual value supporting outlet strategies.
  • The 250,000 sq ft York Designer Outlet at Fulford hosts 120 brands and welcomes 4.3 million annual visitors, while the 170,000 sq ft East Midlands location near Junction 28 of the M1 draws 3.5 million visitors.
  • Frasers Group now owns over one-fifth of the UK outlet market and aims to grow its share further, complementing a portfolio including Sports Direct, Flannels, USC, GAME, and Jack Wills.
  • Founded by Mike Ashley in 1982, Fraser Group Plc operates as a retail and property conglomerate behind Sports Direct and House of Fraser, positioning the outlets within a broader expansion strategy.
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UPDATE: Mike Ashley's Fraser Group buys major York shopping centre

A major York shopping centre has new owners, Mike Ashley's Fraser Group.

·York, United Kingdom
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Drapers broke the news on Wednesday, April 29, 2026.
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