Frasers Group: What Mike Ashley’s retail empire’s endgame could be after Boohoo, Asos, Currys, AO and N Brown investments January 19, 2024 City PM's UK Editor Jon Robinson asks why Frasers Group has continued increasing its stakes in the likes of Boohoo and Asos and what the endgame could be.
Mike Ashley beefs up Frasers with bargain Matchesfashion deal December 20, 2023 Retail tycoon Mike Ashley has bought yet another struggling retail brand, snapping up Matchesfashion in a discounted deal.
Is Mike Ashley plotting a takeover of another UK retailer? December 17, 2023 Retail tycoon Mike Ashley is understood to be plotting an acquisition of ailing luxury fashion site Matchesfashion.
Frasers Group snaps up SportScheck in athletic shopping spree October 17, 2023 Frasers Group, said that the sale was backed by sport powerhouses Nike and Adidas who are assisting the business in its expansion strategy.
Mike Ashley’s Frasers Group raises Boohoo stake to 15 per cent October 16, 2023 Mike Ashley backed Frasers Group has once again raised its stake in online fashion brand Boohoo. The Sports Direct owner upped its share in the group from 13.4 per cent to 15.1 per cent. The fashion powerhouse, which also owns Jack Wills, has been rapidly increasing its stake in the popular clothing site. At the [...]
Michael Murray insists he is running Frasers, not Mike Ashley October 8, 2023 The boss of Frasers Group Michael Murray has insisted he is the one making decisions at the retail firm, not his father-in-law Mike Ashley.
Mike Ashley’s Frasers Group drags Morgan Stanley boss to court seeking £50m in damages September 22, 2023 Mike Ashley’s Frasers Group has dragged the chief executive of Morgan Stanley into a UK legal battle over a $1bn (£814m) margin call regarding Hugo Boss trade. In a New York court filing lodged earlier this week, seen by The Telegraph, the retail group asked the court to make James Gorden hand over documents and [...]
Missguided sale marks a pivot in Frasers’ strategy – but a Shein deal has risks attached September 18, 2023 News that Frasers could sell Missguided to Shein potentially marks a change in strategy for the Sports Direct owner, which has been highly acquisitive in recent years.
Frasers: Chief calls for reform of ‘outdated’ business rates regime September 18, 2023 The boss of Frasers Group, Michael Murray, has described the business rates regime as a “disaster” and urged the government to overhaul the system.
Mike Ashley’s Frasers carves out 9.1 per cent stake in Boohoo as share price rises August 31, 2023 Mike Ashley’s Frasers Group has raised his stake in fast fashion firm Boohoo from 7.9 per cent to 9.1 per cent. The retail powerhouse, which owns Sports Direct and Frasers, had previously carved out a smaller stake in the company earlier this summer. The company previously said the move with Boohoo could lead to collaborations [...]
