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The Latest Breaking News from Mike Ashley Frasers Group

Mike Ashley’s Frasers eyes majority ownership of Hugo Boss

The Sports Direct owner said it had an objective to take its stake above 50% of the overall share capital and voting rights of the business.

Evening Standard

Mike Ashley’s Frasers Group targets Hugo Boss takeover after Harvey Nichols deal

Aseries of recent stock acquisitions has enabled the Sports Direct owner to expand its overall holding in the luxury business

The Independent UK

‘Strategic change and grasping nettles’: where now for John Lewis as boss exits?

Peter Ruis appeared ‘to be doing a good job in difficult circumstances’ at department store chain, says analyst

The Guardian - UK

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Debenhams dealt blow as shareholder Frasers blocks three votes at AGM

Debenhams also saw a heavy vote against its payment plans for bosses at the meeting, but ultimately saw the deal pass.

Evening Standard

Frasers moves into mini-golf and trampolining with We Do Play investment

It is the retail group’s first move into the UK leisure market.

Evening Standard

Mulberry in talks over £20m cash-call as losses widen

Mulberry expects to slump to a loss of around £23 million for the year to March 29 against losses of £22.6 million the previous year.

Evening Standard

Mike Ashley’s Fraser Group withdraws Revolution Beauty takeover bid

The beauty brand has faced significant challenges, with its shares recently plummeting to an all-time low amid tumbling sales

The Independent UK

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Boohoo gains backing of proxy adviser in boardroom spat with Frasers

Boohoo said Institutional Shareholder Services (ISS) had recommended shareholders vote against the plans on December 20.

Evening Standard

Mulberry cuts a quarter of HQ staff after sales slump and bigger losses

CEO says he will launch review to make company ‘leaner, more agile’ and the firm will ‘renew its relevance’

The Guardian - UK

Sports Direct owner Frasers walks away from Mulberry bid; oil tumbles, dollar rallies – as it happened

Gold hits record high as conflict in the Middle East prompts investors to seek safe-haven assets

The Guardian - UK

Matchesfashion to enter administration and cut 273 jobs

More than half workforce face losing jobs after new owner Frasers says it is unwilling to fund turnaround

The Guardian - UK

What the story of Evans Cycles can tell us about the future of Wiggle

After being bought by Frasers Group, are the woes of Wiggle Chain Reaction Cycles over?

Cycling Weekly

Mike Ashley’s Frasers Group has acquired WiggleCRC for less than £10 million, reports

Sports Direct owner has reportedly taken over Wiggle and CRC, but almost all staff have been axed

Cycling Weekly

Fridge magnate: John Roberts, the man who founded AO World ‘for a bet’

The boss who sells us appliances by the thousand is chilled about Mike Ashley’s stake in the company, but hot on recycling and the need for the rich to give back

The Guardian - UK

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Cycling Weekly

Wiggle administrators in discussions with ‘a number of interested’ buyers

Mike Ashley's Frasers Group among companies reported to be interested

The Guardian - UK

Mike Ashley’s Frasers Group raises stake in Asos to nearly 9%

Larger holding is nearly enough to block a potential takeover bid as speculation grows about online retailer’s future

The Guardian - UK

JD Sports agrees £47.5m sale of 15 brands to Frasers Group

The deal will see Mike Ashley add Liam Gallagher’s fashion label Pretty Green to his retail empire

Wales Online

Swansea City's game vs Coventry City shrouded in uncertainty as stadium eviction notice issued

Swansea City's next away game is at Coventry City but the Sky Blues have been served with an eviction notice

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Evening Standard

Frasers takeover bid rejected by Australian fashion hub MySale

Mike Ashley’s business has recently conducted a fashion brand acquisition spree

Evening Standard

Frasers rescues fast fashion retailer Missguided in £20 million deal

Until yesterday Boohoo had been frontrunner to take on troubled brand

People

Mike Ashley Frasers Group

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