Mulberry rejects Frasers £83m offer as too low October 1, 2024 British luxury brand Mulberry has rejected a possible takeover from minority shareholder Frasers Group on the grounds that it doesn’t recognise the company’s future value and will not lead the group back to profit. Frasers announced a possible takeover bid yesterday, 30 September, after it was snubbed from Mulberry’s £10m capital raise with majority shareholder [...]
Frasers: Mike Ashley’s high street giant that has confounded its critics May 12, 2024 Frasers Group has managed to buck a general decline in the UK retail sector, thanks largely to a string of savvy acquisitions. What does the future hold for the Mike Ashley-owned group?
Mike Ashley’s Frasers Group launches fresh £80m share buyback scheme April 29, 2024 Back in February, sporting giant Frasers Group announced a similar buyback scheme which ran for 11 weeks and ended on Sunday the 28th of April.
Next and Mike Ashley’s Frasers Group mull Ted Baker rescue deal April 9, 2024 Mike Ashley’s Frasers Group and Next have reportedly expressed interest in buying Ted Baker.
Mike Ashley’s Frasers Group increases Hornby stake March 22, 2024 Mike Ashley's Frasers Group has further increased its stake in model train maker Hornby.
Mike Ashley steps up involvement in Hornby with chief consultancy role March 20, 2024 Mike Ashley has stepped up his involvement in model trains brand Hornby after becoming a consultant to its chief executive.
Hornby makes first acquisition since major investment by Mike Ashley’s Frasers Group March 11, 2024 Hornby has made its first acquisition since Mike Ashley's Frasers Group invested in the company last month.
Sir Jon Thompson: Ex-FRC and HS2 boss among ‘new high-calibre directors’ at Frasers February 26, 2024 The appointments come as Frasers has been embarking on a series of acquisitions and share purchases, with the most recent being Hornby last week.
Frasers boss Mike Ashley’s legal battle against Morgan Stanley kicks off in London February 21, 2024 Ashley's business is claiming the US bank used "unlawful means" to close out bets on Hugo Boss stock, which resulted in the company losing around £50m.