diff --git a/configs/model/fre.yaml b/configs/model/fre.yaml
new file mode 100755
index 0000000000..deb92a117d
--- /dev/null
+++ b/configs/model/fre.yaml
@@ -0,0 +1,12 @@
+model:
+  class_path: anomalib.models.Fre
+  init_args:
+    backbone: resnet50
+    layer: layer3
+    pre_trained: true
+    pooling_kernel_size: 2
+    input_dim: 65536
+    latent_dim: 220
+
+trainer:
+  max_epochs: 220
diff --git a/src/anomalib/models/__init__.py b/src/anomalib/models/__init__.py
index 722cd1dfe5..b4bb36a875 100644
--- a/src/anomalib/models/__init__.py
+++ b/src/anomalib/models/__init__.py
@@ -1,9 +1,8 @@
 """Load Anomaly Model."""
 
-# Copyright (C) 2022-2023 Intel Corporation
+# Copyright (C) 2022-2024 Intel Corporation
 # SPDX-License-Identifier: Apache-2.0
 
-
 import logging
 from importlib import import_module
 
@@ -23,6 +22,7 @@
     Dsr,
     EfficientAd,
     Fastflow,
+    Fre,
     Ganomaly,
     Padim,
     Patchcore,
@@ -49,6 +49,7 @@ class UnknownModelError(ModuleNotFoundError):
     "Dsr",
     "EfficientAd",
     "Fastflow",
+    "Fre",
     "Ganomaly",
     "Padim",
     "Patchcore",
diff --git a/src/anomalib/models/image/__init__.py b/src/anomalib/models/image/__init__.py
index 8478747f01..f3a5435038 100644
--- a/src/anomalib/models/image/__init__.py
+++ b/src/anomalib/models/image/__init__.py
@@ -12,6 +12,7 @@
 from .dsr import Dsr
 from .efficient_ad import EfficientAd
 from .fastflow import Fastflow
+from .fre import Fre
 from .ganomaly import Ganomaly
 from .padim import Padim
 from .patchcore import Patchcore
@@ -31,6 +32,7 @@
     "Dsr",
     "EfficientAd",
     "Fastflow",
+    "Fre",
     "Ganomaly",
     "Padim",
     "Patchcore",
diff --git a/src/anomalib/models/image/fre/README.md b/src/anomalib/models/image/fre/README.md
new file mode 100755
index 0000000000..ed4f73cecc
--- /dev/null
+++ b/src/anomalib/models/image/fre/README.md
@@ -0,0 +1,43 @@
+# FRE: A Fast Method For Anomaly Detection And Segmentation
+
+This is the implementation of [FRE](https://papers.bmvc2023.org/0614.pdf) paper.
+
+Model Type: Segmentation
+
+## Description
+
+Fast anomaly classification algorithm that consists of a deep feature extraction stage followed by anomaly classification stage comprising a shallow linear autoencoder.
+
+### Feature Extraction
+
+Features are extracted by feeding the images through a ResNet50 backbone, which was pre-trained on ImageNet. The output of an intermediate layer (layer3 by default) of the network is used to obtain a semantic feature vector with a fixed length of 65536.
+
+### Anomaly Detection
+
+In the anomaly classification stage, a shallow linear autoencoder is trained on the features of the chosen layer. A feature-reconstruction scores (norm of the error between the reconstructed output of the autoencoder and the original high-dimensional feature) is calculated as the anomaly score. Anomaly map is generated by reshaping and resizing the error tensor to match the input image dimension.
+
+## Usage
+
+`anomalib train --model Fre --data anomalib.data.MVTec`
+
+## Benchmark
+
+All results gathered with seed `42`.
+
+## [MVTec AD Dataset](https://www.mvtec.com/company/research/datasets/mvtec-ad)
+
+> Note: Metrics for ResNet 50 were calculated with pooling kernel size of 2 while for Wide ResNet 50, kernel size of 4 was used.
+
+### Image-Level AUC
+
+|                |  Avg  | Carpet | Grid  | Leather | Tile  | Wood  | Bottle | Cable | Capsule | Hazelnut | Metal Nut | Pill  | Screw | Toothbrush | Transistor | Zipper |
+| -------------- | :---: | :----: | :---: | :-----: | :---: | :---: | :----: | :---: | :-----: | :------: | :-------: | :---: | :---: | :--------: | :--------: | :----: |
+| ResNet-50      | 0.933 | 0.951  | 0.817 |    1    | 0.991 | 0.988 | 0.996  | 0.931 |  0.887  |  0.974   |   0.902   | 0.951 | 0.798 |   0.908    |   0.943    | 0.957  |
+| Wide ResNet-50 | 0.947 | 0.928  | 0.909 |    1    | 0.991 | 0.950 | 0.996  | 0.944 |  0.908  |  0.973   |   0.933   | 0.971 | 0.827 |   0.950    |   0.963    | 0.968  |
+
+### Image F1 Score
+
+|                |  Avg  | Carpet | Grid  | Leather | Tile  | Wood  | Bottle | Cable | Capsule | Hazelnut | Metal Nut | Pill  | Screw | Toothbrush | Transistor | Zipper |
+| -------------- | :---: | :----: | :---: | :-----: | :---: | :---: | :----: | :---: | :-----: | :------: | :-------: | :---: | :---: | :--------: | :--------: | :----: |
+| ResNet-50      | 0.935 | 0.928  | 0.887 |  0.995  | 0.982 | 0.975 | 0.984  | 0.906 |  0.943  |  0.943   |   0.914   | 0.943 | 0.872 |   0.912    |   0.880    | 0.958  |
+| Wide ResNet-50 | 0.941 | 0.919  | 0.906 |  0.989  | 0.982 | 0.948 | 0.984  | 0.911 |  0.951  |  0.950   |   0.934   | 0.960 | 0.885 |   0.931    |   0.895    | 0.967  |
diff --git a/src/anomalib/models/image/fre/__init__.py b/src/anomalib/models/image/fre/__init__.py
new file mode 100755
index 0000000000..7de3b5b399
--- /dev/null
+++ b/src/anomalib/models/image/fre/__init__.py
@@ -0,0 +1,8 @@
+"""Deep Feature Extraction (DFM) model."""
+
+# Copyright (C) 2024 Intel Corporation
+# SPDX-License-Identifier: Apache-2.0
+
+from .lightning_model import Fre
+
+__all__ = ["Fre"]
diff --git a/src/anomalib/models/image/fre/lightning_model.py b/src/anomalib/models/image/fre/lightning_model.py
new file mode 100755
index 0000000000..355844f0f7
--- /dev/null
+++ b/src/anomalib/models/image/fre/lightning_model.py
@@ -0,0 +1,121 @@
+"""FRE: Feature-Reconstruction Error.
+
+https://papers.bmvc2023.org/0614.pdf
+"""
+
+# Copyright (C) 2024 Intel Corporation
+# SPDX-License-Identifier: Apache-2.0
+
+import logging
+from typing import Any
+
+import torch
+from lightning.pytorch.utilities.types import STEP_OUTPUT
+from torch import optim
+
+from anomalib import LearningType
+from anomalib.models.components import AnomalyModule
+
+from .torch_model import FREModel
+
+logger = logging.getLogger(__name__)
+
+
+class Fre(AnomalyModule):
+    """FRE: Feature-reconstruction error using Tied AutoEncoder.
+
+    Args:
+        backbone (str): Backbone CNN network
+            Defaults to ``resnet50``.
+        layer (str): Layer to extract features from the backbone CNN
+            Defaults to ``layer3``.
+        pre_trained (bool, optional): Boolean to check whether to use a pre_trained backbone.
+            Defaults to ``True``.
+        pooling_kernel_size (int, optional): Kernel size to pool features extracted from the CNN.
+            Defaults to ``2``.
+        input_dim (int, optional): Dimension of feature at output of layer specified in layer.
+            Defaults to ``65536``.
+        latent_dim (int, optional): Reduced size of feature after applying dimensionality reduction
+            via shallow linear autoencoder.
+            Defaults to ``220``.
+    """
+
+    def __init__(
+        self,
+        backbone: str = "resnet50",
+        layer: str = "layer3",
+        pre_trained: bool = True,
+        pooling_kernel_size: int = 2,
+        input_dim: int = 65536,
+        latent_dim: int = 220,
+    ) -> None:
+        super().__init__()
+
+        self.model: FREModel = FREModel(
+            backbone=backbone,
+            pre_trained=pre_trained,
+            layer=layer,
+            pooling_kernel_size=pooling_kernel_size,
+            input_dim=input_dim,
+            latent_dim=latent_dim,
+        )
+        self.loss_fn = torch.nn.MSELoss()
+
+    def configure_optimizers(self) -> torch.optim.Optimizer:
+        """Configure optimizers.
+
+        Returns:
+            Optimizer: Adam optimizer
+        """
+        return optim.Adam(params=self.model.fre_model.parameters(), lr=1e-3)
+
+    def training_step(self, batch: dict[str, str | torch.Tensor], *args, **kwargs) -> STEP_OUTPUT:
+        """Perform the training step of FRE.
+
+        For each batch, features are extracted from the CNN.
+
+        Args:
+            batch (dict[str, str | torch.Tensor]): Input batch
+            args: Arguments.
+            kwargs: Keyword arguments.
+
+        Returns:
+          Deep CNN features.
+        """
+        del args, kwargs  # These variables are not used.
+        features_in, features_out, _ = self.model.get_features(batch["image"])
+        loss = self.loss_fn(features_in, features_out)
+        self.log("train_loss", loss.item(), on_epoch=True, prog_bar=True, logger=True)
+        return {"loss": loss}
+
+    def validation_step(self, batch: dict[str, str | torch.Tensor], *args, **kwargs) -> STEP_OUTPUT:
+        """Perform the validation step of FRE.
+
+        Similar to the training step, features are extracted from the CNN for each batch.
+
+        Args:
+          batch (dict[str, str | torch.Tensor]): Input batch
+          args: Arguments.
+          kwargs: Keyword arguments.
+
+        Returns:
+          Dictionary containing FRE anomaly scores and anomaly maps.
+        """
+        del args, kwargs  # These variables are not used.
+
+        batch["pred_scores"], batch["anomaly_maps"] = self.model(batch["image"])
+        return batch
+
+    @property
+    def trainer_arguments(self) -> dict[str, Any]:
+        """Return FRE-specific trainer arguments."""
+        return {"gradient_clip_val": 0, "max_epochs": 220, "num_sanity_val_steps": 0}
+
+    @property
+    def learning_type(self) -> LearningType:
+        """Return the learning type of the model.
+
+        Returns:
+            LearningType: Learning type of the model.
+        """
+        return LearningType.ONE_CLASS
diff --git a/src/anomalib/models/image/fre/torch_model.py b/src/anomalib/models/image/fre/torch_model.py
new file mode 100755
index 0000000000..534521dd01
--- /dev/null
+++ b/src/anomalib/models/image/fre/torch_model.py
@@ -0,0 +1,114 @@
+"""PyTorch model for FRE model implementation."""
+
+# Copyright (C) 2024 Intel Corporation
+# SPDX-License-Identifier: Apache-2.0
+
+import torch
+from torch import nn
+from torch.nn import functional as F  # noqa: N812
+
+from anomalib.models.components import TimmFeatureExtractor
+
+
+class TiedAE(nn.Module):
+    """Model for the Tied AutoEncoder used for FRE calculation.
+
+    Args:
+        input_dim (int): Dimension of input to the tied auto-encoder.
+        latent_dim (int): Dimension of the reduced-dimension latent space of the tied auto-encoder.
+    """
+
+    def __init__(self, input_dim: int, latent_dim: int) -> None:
+        super().__init__()
+        self.input_dim = input_dim
+        self.latent_dim = latent_dim
+        self.weight = nn.Parameter(torch.empty(latent_dim, input_dim))
+        torch.nn.init.xavier_uniform_(self.weight)
+        self.decoder_bias = nn.Parameter(torch.zeros(input_dim))
+        self.encoder_bias = nn.Parameter(torch.zeros(latent_dim))
+
+    def forward(self, features: torch.Tensor) -> torch.Tensor:
+        """Run input features through the autoencoder.
+
+        Args:
+            features (torch.Tensor): Feature batch.
+
+        Returns:
+            Tensor: torch.Tensor containing reconstructed features.
+        """
+        encoded = F.linear(features, self.weight, self.encoder_bias)
+        return F.linear(encoded, self.weight.t(), self.decoder_bias)
+
+
+class FREModel(nn.Module):
+    """Model for the FRE algorithm.
+
+    Args:
+        backbone (str): Pre-trained model backbone.
+        layer (str): Layer from which to extract features.
+        pre_trained (bool, optional): Boolean to check whether to use a pre_trained backbone.
+            Defaults to ``True``.
+        pooling_kernel_size (int, optional): Kernel size to pool features extracted from the CNN.
+            Defaults to ``4``.
+        input_dim (int, optional): Dimension of feature at output of layer specified in layer.
+            Defaults to ``65536``.
+        latent_dim (int, optional): Reduced size of feature after applying dimensionality reduction
+            via shallow linear autoencoder.
+            Defaults to ``220``.
+    """
+
+    def __init__(
+        self,
+        backbone: str,
+        layer: str,
+        input_dim: int = 65536,
+        latent_dim: int = 220,
+        pre_trained: bool = True,
+        pooling_kernel_size: int = 4,
+    ) -> None:
+        super().__init__()
+        self.backbone = backbone
+        self.pooling_kernel_size = pooling_kernel_size
+        self.fre_model = TiedAE(input_dim, latent_dim)
+        self.layer = layer
+        self.feature_extractor = TimmFeatureExtractor(
+            backbone=self.backbone,
+            pre_trained=pre_trained,
+            layers=[layer],
+        ).eval()
+
+    def get_features(self, batch: torch.Tensor) -> tuple[torch.Tensor, torch.Tensor, torch.Tensor]:
+        """Extract features from the pretrained network.
+
+        Args:
+            batch (torch.Tensor): Image batch.
+
+        Returns:
+            Tensor: torch.Tensor containing extracted features.
+        """
+        self.feature_extractor.eval()
+        features_in = self.feature_extractor(batch)[self.layer]
+        batch_size = len(features_in)
+        if self.pooling_kernel_size > 1:
+            features_in = F.avg_pool2d(input=features_in, kernel_size=self.pooling_kernel_size)
+        feature_shapes = features_in.shape
+        features_in = features_in.view(batch_size, -1).detach()
+        features_out = self.fre_model(features_in)
+        return features_in, features_out, feature_shapes
+
+    def forward(self, batch: torch.Tensor) -> tuple[torch.Tensor, torch.Tensor]:
+        """Compute score from input images.
+
+        Args:
+            batch (torch.Tensor): Input images
+
+        Returns:
+            tuple[torch.Tensor, torch.Tensor]: Scores, Anomaly Map
+        """
+        features_in, features_out, feature_shapes = self.get_features(batch)
+        fre = torch.square(features_in - features_out).reshape(feature_shapes)
+        anomaly_map = torch.sum(fre, 1)  # NxCxHxW --> NxHxW
+        score = torch.sum(anomaly_map, (1, 2))  # NxHxW --> N
+        anomaly_map = torch.unsqueeze(anomaly_map, 1)
+        anomaly_map = F.interpolate(anomaly_map, size=batch.shape[-2:], mode="bilinear", align_corners=False)
+        return score, anomaly_map