Frasers Group acquires Glasgow-based Greaves Sports
Frasers Group has acquired the intellectual property of Glasgow retailer Greaves Sports, with its Gordon Street shop and online store set to continue under the established name.
No financial terms of the deal have been shared, although it was specified to be an IP transaction.
In a statement, Greaves Sports reassured customers that its retail outlets would continue with the "same levels of service and expertise we’ve strived to provide for nearly 100 years". Its six-storey, 30,000 square feet flagship sports store is located at 23 Gordon Street in Glasgow.
The family-run business has operated in Glasgow since 1930 and is currently run by Sandy Greaves and his sister Anne Leslie.
Documents filed with Companies House show that Greaves changed its name to Clydesdale Sports Retail Limited in June.
The deal brings another specialist name into Frasers Group’s portfolio, which includes Sports Direct, Flannels, Game, Evans Cycles and USC. The group also has Scottish retail property interests, including the Braehead Shopping Centre near Glasgow Airport and the Overgate Centre in Dundee.
Frasers Group acquired House of Fraser in 2018 and holds the freehold to the building housing its department store on Buchanan Street in Glasgow. The group has also invested in sports, premium fashion and retail property.
This builds on Frasers' recent acquisitions spree. In June 2026, the group put forward an unsolicited bid for German luxury brand Hugo Boss. This week, it then increased its holding in the company to 30.28%.
Frasers followed up its initial bid for Hugo Boss with another takeover offer for Australia’s Accent Group for £166 million.
In the past 18 months alone, Frasers has acquired a majority stake in Italian multi-sport retailer Maxi Sport, taken control of Norwegian sporting goods chain XXL, and added multiple UK designer outlets and shopping centres to its property portfolio.
Yet, Hugo Boss would be the most prominent brand asset in Frasers' empire, which also includes Jack Wills and Gieves & Hawkes. As reported when the bid was announced, it would represent a major step in Frasers' "Elevation Strategy" of moving beyond its Sports Direct roots toward premium retail.
