Studio Retail Group plc
STU.L
London Stock Exchange115.00
GBp
-2.50
- -
Studio Retail Group plc
STU.L
(London Stock Exchange)
Recent
price
115.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Studio Retail Group plc, formerly known as Findel plc, operates as a digital value retailer specializing in home shopping through online platforms and catalogues; it offers a broad range of products including electronics, furniture, homeware, gifts, clothing, footwear, toys, leisurewear, household textiles, bedding, nursery items, and greeting cards, complemented by flexible payment options such as buy now pay later via Studio Pay and Frasers Plus. Founded in 1955 under the original name Fine Art Developments plc and headquartered in Accrington, United Kingdom, the company primarily serves UK customers with international reach to Europe, Asia, and beyond through studio.co.uk and ace.co.uk websites. It maintains large distribution facilities, including a 500,000 sq ft center in Manchester and an automated warehouse in Accrington handling over half a million items daily. In June 2019, Findel rebranded to Studio Retail Group plc. In April 2021, it divested the Findel Education businesses for £30 million to streamline focus on retail operations. The company entered administration in February 2022 due to insolvency and failed borrowing efforts, with shares suspended on the London Stock Exchange; Frasers Group plc acquired select trade and assets, including Studio Retail, for £26.8 million, integrating it as a wholly owned subsidiary.