Frasers Group is reportedly looking into selling Pretty Green having only recently acquired the brand.
Pretty Green, which was founded by Oasis frontman Liam Gallagher in 2009, was among 13 other brands, including Missy Empire and Base Childrenswear, which Frasers agreed to acquire in a £50 million deal from JD Sports last year.
Frasers is currently in talks with a number of parties interested in acquiring Pretty Green, according to online fashion news outlet Drapers.
At the time of concluding the sale of the brands to Frasers, JD said the decision came as part of its broader aims for international expansion, a statement borne out by recent reports that JD is targeting a €520 million buyout of French sporting goods store Courir.
Commenting on the possible buyout, JD chief executive Régis Schultz said: “We look forward to concluding the contemplated transaction, welcoming the Courir team to the Group and then working with management to fulfil Courir's global potential.”
Reports recently surfaced that JD is looking to roll out a Buy Now, Pay Later offering, with sources telling the Telegraph “[Mike] Ashley’s really excited about credit”.
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Poundland significantly reduces antisocial behaviour, aggression and shoplifting with Motorola Solutions VT100 body cameras
Retail should not be a high-risk occupation. As a company, we are focused on listening to our colleagues and customers to help them with the issues they are facing in-store and so far, the feedback on our body cameras has been excellent. They act as a great visual deterrent, help to de-escalate situations and overall, this project has significantly aided our goal to make the retail environment safer.
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Supplying demand: how fashion retailers can meet the needs of customers and still be sustainable
The fashion industry is no stranger to breaking the mould and setting trends, but the pursuit of style can come at a huge cost to the environment.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
New legislation, such as the European Union's Ecodesign for Sustainable Products Regulation, will set mandatory minimums for the inclusion of recycled fibres in textiles, making them longer-lasting and easier to repair.
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