Frasers Group

SheerID Increases Momentum in EMEA With Record-Breaking 273% Revenue Growth, New Customers, Partners, and Multiple Industry Awards

Retrieved on: 
Tuesday, January 30, 2024
Other Consumer, Technology, Mobile, Wireless, Security, Software, Internet, Consumer, Data Management, Consumer Electronics, Online, Growth, Marketing, House of Fraser, ASICS, House, USC, Commerce, Digital, Collection, Frasers Group, MACH, Education, Short list, Student, Online shopping

“2023 was a banner year for SheerID, and we’re just getting started,” said Francois Rychlewski, VP Sales, EMEA, SheerID.

Key Points: 
  • “2023 was a banner year for SheerID, and we’re just getting started,” said Francois Rychlewski, VP Sales, EMEA, SheerID.
  • “In 2024, we plan to double down on our efforts to serve clients in additional EMEA markets.
  • “We’re excited to partner with SheerID to provide exclusive offers to students,” said Ross Pepper, Head of Performance Marketing at Frasers Group.
  • In May, SheerID officially became a member of the MACH Alliance , an international, not-for-profit industry body dedicated to advocating for open, best-of-breed technology ecosystems.

Alera Group Retirement Plan Services Acquires Fraser Group

Retrieved on: 
Tuesday, December 12, 2023
Asset Management, Professional Services, Insurance, BCG, Principal, UCLA, Acquisition, Research, Cornell University, Small business, Frasers Group, Carnegie Mellon University, Retirement, Industrial design, Financial adviser

Alera Group, a top independent national insurance and financial services firm, announced today the acquisition of Fraser Group, a retirement plan consulting practice led by retirement industry leader George Fraser.

Key Points: 
  • Alera Group, a top independent national insurance and financial services firm, announced today the acquisition of Fraser Group, a retirement plan consulting practice led by retirement industry leader George Fraser.
  • Fraser and his Scottsdale, Arizona-based team will continue in their existing roles and combine operations with the retirement plan services division of Benefit Commerce Group, an Alera Group Company (BCG).
  • “George Fraser is one of the leading lights in the retirement plan industry, and we’re thrilled to welcome him and his team to Alera Group Retirement Plan Services,” said Christian Mango, Executive Vice President and National Practice Leader, Retirement Plan Services.
  • “We looked at various scenarios for growing our practice’s reach, and Alera Group Retirement Plan Services was clearly the best fit,” Fraser added.

SHEIN Acquires Missguided Brand

Retrieved on: 
Monday, October 30, 2023
Frasers Group, IP, Acquisition, Ecosystem, Executive, SHEIN, Retail, Missguided

SINGAPORE, Oct. 30, 2023 /PRNewswire/ -- SHEIN, a global online fashion and lifestyle retailer, announces the acquisition of Missguided, a bold and forward-thinking women's fashion brand, from Frasers Group.

Key Points: 
  • SHEIN also announces that it has entered into an agreement to license the Missguided brand IP to SUMWON Studios, a joint venture between SHEIN and Missguided's founder, Nitin Passi.
  • The brand, Missguided, will be managed through the joint venture, and its products and collections will be manufactured through SHEIN's industry-leading, on-demand production model, and sold on SHEIN sites.
  • "SHEIN aims to reignite the Missguided brand, capitalising on its unique brand personality, and fuelling its global growth through SHEIN's on-demand production model, unparalleled e-commerce expertise and global reach."
  • Missguided products and collections will be made available to SHEIN's 150 million global users as an independent brand via SHEIN sites, as well as on Missguided.com.

SHEIN Acquires Missguided Brand

Retrieved on: 
Monday, October 30, 2023
Frasers Group, IP, Acquisition, Ecosystem, Executive, SHEIN, Retail, Missguided

SINGAPORE, Oct. 30, 2023 /PRNewswire/ -- SHEIN, a global online fashion and lifestyle retailer, announces the acquisition of Missguided, a bold and forward-thinking women's fashion brand, from Frasers Group.

Key Points: 
  • SHEIN also announces that it has entered into an agreement to license the Missguided brand IP to SUMWON Studios, a joint venture between SHEIN and Missguided's founder, Nitin Passi.
  • The brand, Missguided, will be managed through the joint venture, and its products and collections will be manufactured through SHEIN's industry-leading, on-demand production model, and sold on SHEIN sites.
  • "SHEIN aims to reignite the Missguided brand, capitalising on its unique brand personality, and fuelling its global growth through SHEIN's on-demand production model, unparalleled e-commerce expertise and global reach."
  • Missguided products and collections will be made available to SHEIN's 150 million global users as an independent brand via SHEIN sites, as well as on Missguided.com.

United Kingdom Buy Now Pay Later Business and Investment Opportunities Report 2023: Market to Grow by 17.8% to Reach $33.8 Billion in 2023 - Forecasts to 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, October 9, 2023
Personal Finance, Technology, Payments, Other Retail, Finance, Fintech, Banking, Professional Services, Retail, Online Retail, PriceRunner, Health, Forecasting, Television, Acquisition, Clothing, Gen, Traction, Electronics, Millennials, Growth, KPI-driven code analysis, Business model, Generation Z, Frasers Group, Product analysis, Computer, Online shopping, Marketing, Klarna, BNPL

BNPL payments in the United Kingdom are expected to grow by 17.8% on an annual basis to reach US$33.8 billion in 2023.

Key Points: 
  • BNPL payments in the United Kingdom are expected to grow by 17.8% on an annual basis to reach US$33.8 billion in 2023.
  • The BNPL Gross Merchandise Value in the United Kingdom will increase from US$28.7 billion in 2022 to reach US$56.8 billion by 2028.
  • With the surging cost of living in the United Kingdom, more shoppers are turning to buy now pay later schemes to manage their cash flow.
  • Develop proactive and lucrative business strategies through market intelligence and forward-looking analysis of BNPL market spend and major opportunities in United Kingdom.

United Kingdom Buy Now Pay Later Business Report 2023-2028 Featuring Klarna, Clearpay, Laybuy, Payl8r, Openpay, paypal, Zilch, IKEA, & AppToPay Among Others

Retrieved on: 
Wednesday, October 4, 2023
Television, Gen, Electronics, PriceRunner, Clothing, Millennials, Computer, Generation Z, Forecasting, Frasers Group, Acquisition, Traction, Product analysis, Growth, Health, KPI-driven code analysis, Business model, Retail, Online shopping, Marketing, BNPL, Klarna

The BNPL Gross Merchandise Value in the United Kingdom will increase from US$28.7 billion in 2022 to reach US$56.8 billion by 2028.

Key Points: 
  • The BNPL Gross Merchandise Value in the United Kingdom will increase from US$28.7 billion in 2022 to reach US$56.8 billion by 2028.
  • The BNPL payment industry in United Kingdom has recorded strong growth over the last four quarters, supported by increased ecommerce penetration.
  • With the surging cost of living in the United Kingdom, more shoppers are turning to buy now pay later schemes to manage their cash flow.
  • Develop proactive and lucrative business strategies through market intelligence and forward-looking analysis of BNPL market spend and major opportunities in United Kingdom.

SADA To Develop New Data Platform On Google Cloud For UK Retail Conglomerate, Frasers Group

Retrieved on: 
Tuesday, May 30, 2023
Retail, Other Professional Services, Data Management, Technology, Consulting, Business, Professional Services, Online Retail, Other Retail, Artificial Intelligence, Other Technology, Telecommunications, Software, Internet, Mobile, Wireless, Cloud, GAME, USC, Everlast, Organization, Frasers Group, Silk, Data, UKI, Google Cloud, United Kingdom, CIO, Ecosystem, Environment, House, Video game, House of Fraser

SADA will develop and implement a new strategic data platform to help Frasers Group scale data visibility and reporting across all their retailers.

Key Points: 
  • SADA will develop and implement a new strategic data platform to help Frasers Group scale data visibility and reporting across all their retailers.
  • The engagement with SADA is projected to help Frasers Group retailers see nearly two times the value of their investment in the cloud.
  • “Frasers Group selected Google Cloud because we were facing a data challenge – we knew we needed to play catch up in the data space, and that shifting to the cloud from an on-prem environment would be necessary,” said Simon Palmer, CIO of Frasers Group.
  • “We are delighted to partner with SADA and Frasers Group on the development of their new data platform on Google Cloud.

Algolia Launches AI-powered Algolia NeuralSearch™ – The World’s Fastest, Hyper-Scalable, and Cost-Effective Vector and Keyword Search API

Retrieved on: 
Tuesday, May 2, 2023
Communications, Apps, Applications, Technology, Search Engine Optimization, Software, Artificial Intelligence, Internet, IDC, NLU, Missguided, Best Buy, LLM, Hellyeah, API, ChatGPT, Computer, Index, Organization, Frasers Group, Nervous system, Adaptive learning, Everlane, Engineering, Digital, Online shopping, Retail, Algolia

Algolia today launched Algolia NeuralSearch™, a next-generation vector and keyword search in a single API with powerful, end-to-end AI processing every query.

Key Points: 
  • Algolia today launched Algolia NeuralSearch™, a next-generation vector and keyword search in a single API with powerful, end-to-end AI processing every query.
  • We're excited to partner with Algolia to integrate this next generation vector and keyword search technology and create a better search and discovery experience for our customers.”
    Bernadette Nixon, chief executive officer, Algolia noted: "Algolia is committed to advancing AI-powered Search, and we believe Algolia NeuralSearch does just that.
  • These results, despite only sending a portion of our query traffic to Algolia NeuralSearch over a four-week period, exceeded our expectations.
  • Algolia NeuralSearch uniquely addresses an industry-wide problem with vector search: the inherent limitation to scale and the high burden of costs associated with using specialized computers.

monday.com Named One of the UK’s Best Workplaces™ in 2023

Retrieved on: 
Friday, April 28, 2023
Professional Services, Other Technology, Technology, Software, Human Resources, Frasers Group, Growth, Communication, CS, BBC Studios, Multimedia, Monday.com, Channel partner, Great Places, Royal Mail, Management

View the full release here: https://www.businesswire.com/news/home/20230501005037/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230501005037/en/
    monday.com is ranked among the top 5 companies for the UK’s Best Workplaces for Wellbeing 2023 in its class.
  • The company opened its first UK office, its European headquarters, in November 2021 and has scaled significantly with more than 65 employees and over 16,000 customers in the UK.
  • “Creating an attractive working environment for our UK team has been a top priority for monday.com ,” said Ben Barnett, UK Sales Regional Director at monday.com .
  • This includes achieving the top spot on the UK’s Best Workplaces in Tech 2022.”

Observability Market Creator Honeycomb Nabs $50M in Rare Series D Funding as Economy Fuels Its Growth

Retrieved on: 
Thursday, April 6, 2023
Pressure, RedMonk, Vanguard, Headline, Software, APM, Equinix, Frasers Group, Slack, Investment, HelloFresh, SAN, Anomaly, Magic, Knowledge, Ecosystem, News, Insight Partners, Behavior, Organization, Video game, Management, Honeycomb, Observability, Abstract

SAN FRANCISCO, April 6, 2023 /PRNewswire/ -- Honeycomb, a leading observability platform used by high-performing engineering teams to investigate the behavior of cloud applications, today announced it has raised $50 million in Series D funding. Headline leads the round with participation from other existing investors, Insight Partners and Scale Venture Partners. This round brings the total capital raised to nearly $150 million, including customer angel investments from HelloFresh CEO Dominik Richter and Vercel CEO Guillermo Rauch.

Key Points: 
  • The new funding adds to the company's momentum in 2022 when it achieved another consecutive year of 2x revenue growth and drove over 160% net revenue retention for 600+ customers globally.
  • Honeycomb also released its O'Reilly Book, " Observability Engineering, " and was named a Leader in the Gartner® Magic Quadrant™ for APM and Observability .
  • "Delivering effective observability is now a strategic imperative for software teams in all industry sectors," said James Governor, co-founder of RedMonk.
  • To learn more about Honeycomb's funding news, be sure to read CEO Christine Yen's blog post .