Billionaire Mike Ashley’s Frasers Group is walking away from an attempted takeover of Mulberry Group Plc but is still pushing for a board seat at …
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Frasers
Mulberry’s Owner Rejects Increased £111 Million Bid From Mike Ashley’s Frasers Group
The owner of the Mulberry fashion brand has rejected an increased £111 million ($144.9 million) bid from Mike Ashley’s Frasers Group to buy the British …
Mike Ashley’s Frasers Group Makes £83 Million Offer for Handbag Maker Mulberry
Mike Ashley’s Frasers Group has filed a possible £83 million offer to buy the luxury brand Mulberry as it expressed concerns about the future of …
Frasers Buys THG’s Coggles Website as They Unveil Partnership Deal
Mike Ashley’s Frasers has bought luxury goods websites from THG in a deal that will also include selling the online health and beauty retailer’s protein …
Frasers Group to Shutter Matchesfashion
Frasers Group is putting Matchesfashion into administration, just over two months after the retail giant acquired the struggling luxury e-tailer for £52 million ($66.6 million). …
Mike Ashley’s Frasers Group Buys Matchesfashion
Frasers Group, the retail group owned by British high street tycoon Mike Ashley, has agreed to buy luxury e-tailer Matchesfashion for just £52 million ($63 …
Shein Buys Missguided Brand From Britain’s Frasers
Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers Group, the e-commerce giant’s first purchase of a British brand. Frasers …
UK’s Frasers Group Sees More Profit Growth This Year
British retailer Frasers Group expects profit to rise between 5 percent and 15 percent this year as its biggest brand, Sports Direct, benefits from a …
Inside Frasers Group Owner Mike Ashley’s Controversial Acquisition Strategy
In British retail, it’s becoming a question of which retailers Mike Ashley doesn’t have a stake in, rather than which ones he does. The billionaire, …
Frasers Defies Retail Gloom as Profit Rises
British sportswear and clothing retailer Frasers stuck to its financial guidance for 2022-23 after reporting a 39 percent rise in first-half profit that reflected the …
Frasers Group Acquires Gieves & Hawkes
Mike Ashley’s Frasers Group Plc bought Savile Row tailor Gieves & Hawkes, adding one of the best-known names in British suit making to its wide …
Report: Frasers Group Said In Talks to Buy Gieves & Hawkes
Mike Ashley’s Frasers Group Plc is in talks to buy Savile Row tailor Gieves & Hawkes, according to a person familiar with the matter. Gieves …
Ashley’s Frasers Group Raises Stakes in Hugo Boss, Asos
Mike Ashley’s Frasers Group Plc is continuing a strategy of taking bets on rivals with the sportswear retailer increasing its holdings at fashion brand Hugo …
Mike Ashley to Step Down From Frasers Board Next Month
Mike Ashley is stepping down from the board of Frasers Group Plc, the company he founded under the name Mike Ashley Sports in 1982, after …
Frasers Group Acquires Fast Fashion Retailer I Saw It First
British businessman Mike Ashley’s fashion group announced it had acquired the womenswear brand for an undisclosed sum in a regulatory filing Thursday. The acquisition of …
Mike Ashley’s Frasers Says Profit Will Rise Next Year After Record-Breaking 2022
Mike Ashley’s fashion group Frasers said on Thursday it expected higher profit next year, after a ‘record-breaking’ 2022 driven by store reopenings and high demand …
Mike Ashley’s Frasers Raises Hugo Boss Exposure Up to $937 Million
Mike Ashley’s Frasers Group said on Wednesday it has increased its maximum exposure to Hugo Boss to $937 million and reiterated its support for the …