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Birmingham Post
Birmingham Post
Business
Jon Robinson

How Mike Ashley's Frasers Group bought Studio Retail Group, Missguided and I Saw It First

The retail giant controlled by billionaire Mike Ashley has taken over three North West companies so far this year in a series of high-profile deals.

Frasers Group, which includes Sports Direct, House of Fraser and Jack Wills, snapped up Accrington-based Studio Retail Group and Missguided and I Saw It First, which are both headquartered in Manchester.

Both Studio Retail Group and Missguided owed more than £80m to creditors before being acquired while I Saw It First was bought towards the end of last month.

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