Frasers makes first North American move acquiring majority stake in The Webster
Frasers Group has acquired a majority stake in The Webster, the Miami-founded luxury multibrand retailer known for its fashion curation.
Financial terms were not disclosed, however, the company said that founder and CEO Laure Hériard Dubreuil will retain a significant share in the business and continue to lead the brand through its next phase of growth.
Founded in 2008, The Webster began as a 20,000-square-foot flagship in Miami’s South Beach, transforming a historic Art Deco hotel into an intimate luxury environment that felt more like a private residence than a store. Hériard Dubreuil’s vision - to present fashion as a personal wardrobe, mixing brands by mood and lifestyle - has since evolved into a powerful retail platform with 13 stores across North America, including key sites in New York, Las Vegas and Austin.
Today, The Webster represents over 100 global luxury houses, from Chanel, Dior and Saint Laurent to Loewe, Bottega Veneta and The Row, spanning womenswear, menswear, jewellery, home and beauty.
"I am so excited to announce the start of a new chapter for The Webster," Hériard Dubreuil told WWD. "When it came to looking toward the future, it was so important to find a like-minded partner who believed in what The Webster stood for. From our first conversation, I knew Michael and the Frasers Group team were completely aligned with our approach and would be the best partner to help take the business to the next level."
Under the new partnership, The Webster will continue to operate as a standalone business within Frasers Group’s luxury division, which includes Flannels. The acquisition also marks Frasers Group’s first step into the North American market, underscoring CEO Michael Murray’s "Elevation Strategy" to strengthen the Group’s global luxury footprint.
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Michael Murray, CEO of Frasers Group, added: "This partnership marks an exciting new chapter for both The Webster and Frasers Group's luxury division, Flannels. With our financial strength, operational expertise, and proven digital capabilities, it's a perfect partnership to support The Webster to fulfil its potential. Equally, I look forward to learning from Laure and further elevating our own luxury portfolio.
"Together, we're unlocking new opportunities for both The Webster and Flannels: a powerful alignment of ambition, expertise, and vision for the future of global luxury retail."
With The Webster’s creative insider influence and Frasers Group’s operational power, the partnership is set to redefine luxury retail where Miami cool meets Manchester muscle.
