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  • Mike Ashley appeal case confronts ‘unjust’ trademark claims

    Legal

    Billionaire businessman Mike Ashley‘s company, Sports Direct, is back before the court today as it seeks to challenge damages awarded in a trademark infringement claim. The appeal follows a long-running dispute between Sports Direct and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which claimed Sports Direct had infringed its trademark through products [...]

    Mike Ashley, founder of Frasers Group Plc. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
  • Exclusive: Frasers Group acquires stake in athletic giant Puma

    Retail

    Frasers Group has taken a stake in athletic giant Puma, City PM can reveal.  Retail giant Frasers has acquired 246,000 shares in the athletic group, according to German filings published on Thursday. Puma’s share price currently stands at €22.50, meaning this 5.77 per cent stake is worth more than €5.5m. Frasers Group, founded by British [...]

    Mike Ashley, founder of Frasers Group Plc. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
  • Frasers Group chairman urges Unite to avoid ‘reckless’ strike

    Retail

    The chairman of retail giant Frasers Group has urged Unite the Union to avoid “reckless and irresponsible” strike action as retail firms across the UK feel the crunch of rising cost pressures. Sir Jonathan Thompson, who took the role of Chair in September, has asked the Union’s General Secretary Sharon Graham to reconsider plans to [...]

    Sir Jonathan Thompson became Chair of Frasers in September.
  • Mike Ashley’s Frasers Group begins £80m share buyback scheme

    June 18, 2024

    Mike Ashley's Frasers Group, which owns the likes of House of Fraser and Sports Direct, has launched a new share buyback programme of up to £80m.

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