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Birmingham Post
Birmingham Post
Business
Jon Robinson

Mike Ashley's Frasers Group increases stake in Simply Be and JD Williams owner N Brown

Frasers Group N Brown JD Williams Mike Ashley Simply Be House of Fraser Sports Direct

Mike Ashley's retail empire has upped its stake in a Manchester-headquartered fashion group.

Frasers Group has increased its holdings in N Brown to just over 5%, having first bought into the listed group last month.

N Brown's brands include Simply Be, JD Williams and Jacamo while Frasers Group owns Sports Direct and House of Fraser.

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