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Business

Frasers Group acquires fashion retailer Psyche

Mike Ashley’s Frasers Group has acquired the stores and online business of fashion retailer Psyche for an undisclosed sum. Psyche owner Steve Cochrane, who has run the business for the past 38 years and will continue as CEO following the takeover, said the deal would secure the future of his company and its 58 workers. “After 38 years as an...

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Spotlight on independent retailers: Psyche

Name: Psyche Location: Middlesbrough Owner: Steve Cochrane Established: 1982 Product categories: Womenswear, menswear, childrenswear, tailoring, footwear, accessories, lifestyle Key labels: Barbour, Belstaff, Hugo, Paul Smith, Ted Baker, Tommy Hilfiger, Grenson, Moss You can’t talk about the best independent stores in the UK without mentioning...

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