Mike Ashley slams Burnham’s ‘populist’ plans to revive high street Retail Retail tycoon Mike Ashley has blasted Andy Burnham’s proposals to revive the British high street as “populist” and “too little too late”. The billionaire Sports Direct and Frasers Group founder has written to the Prime Minister accusing him of failing to tackle the cost of living with “delusional” policies. The causes of the UK’s rising [...]
Mike Ashley’s Frasers ups stake in Hugo Boss after takeover bid Retail Frasers Group has pushed up its stake in Hugo Boss to nearly half of the company, though Mike Ashley’s group misses out on full control of the luxury fashion brand. The Sports Direct owner has increased its portion of the German fashion house to nearly 48 per cent after offering €38 for every share in [...]
Mike Ashley’s Frasers ups stake in Hugo Boss as takeover pressure mounts Retail Frasers Group has pushed its stake in Hugo Boss above the threshold forcing it to make an offer for the whole firm, piling pressure on the German fashion house to accept its £1.7bn bid. The fashion group, which owns Sports Direct and Flannels, said on Tuesday that it had bought 2.5m new shares in Hugo [...]
Frasers slams ‘nonsense rumours’ over Harvey Nichols bid July 16, 2026 The boss of Frasers has hit back at “nonsense rumours” that retail brands are reluctant to work with the group, which is known for making aggressive plays to take control of rival companies. The group, which owns Sports Direct and Flannels, gatecrashed the auction to buy luxury department store Harvey Nichols last week, despite some [...]
Mike Ashley’s Frasers feels lift from takeover spree July 16, 2026 Mike Ashley’s Frasers Group has seen its profit jump as it pushes ahead with a turnaround plan and launches a spree of takeover bids for foreign retailers. The fashion group, which owns Sports Direct and Flannels, said its recent takeover bids and moves to build stakes in rivals are bolstering its balance sheet amid a [...]
Hugo Boss urges investors to reject £1.7bn bid from Mike Ashley’s Frasers July 9, 2026 Hugo Boss has urged its investors to reject the “inadequate” £1.7bn takeover tabled by Mike Ashley’s Frasers Group. The retail giant behind Sports Direct and House of Fraser currently owns around 26 per cent of Hugo Boss but launched a move to take full control last month. The FTSE 250 group, which was founded by [...]
Frasers bid for Hugo Boss ‘more compelling’ amid turnaround June 23, 2026 The €2bn bid for Hugo Boss launched by Mike Ashley’s Frasers Group has become “more compelling” as the German fashion house’s near-term outlook softens, analysts have said. The takeover offer, tabled by the FTSE 250 firm earlier this month, proposed to exchange €38 per share for the equity in Hugo Boss it does not already [...]
Hugo Boss shares soar as Mike Ashley’s Frasers circles June 11, 2026 Hugo Boss shares have jumped following a €2bn takeover approach from Frasers, sending its share price above the offer tabled by Mike Ashley’s group. The German luxury brand said it is reviewing the “unsolicited” takeover attempt, which would offer €38 per share, totalling about €1.98bn and valuing the fashion house at €2.7bn. But the takeover [...]
Mike Ashley’s Frasers makes £1.7bn takeover offer for Hugo Boss June 10, 2026 Mike Ashley’s Frasers Group has moved to tighten its grip on German fashion giant Hugo Boss, tabling a takeover offer in a deal that values the brand at nearly €2bn. The retail empire, which spans Sports Direct and Flannels, already sits as Hugo Boss’s largest investor with a stake north of 25 per cent, and [...]
Mike Ashley appeal case confronts ‘unjust’ trademark claims April 21, 2026 Billionaire businessman Mike Ashley‘s company, Sports Direct, is back before the court today as it seeks to challenge damages awarded in a trademark infringement claim. The appeal follows a long-running dispute between Sports Direct and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which claimed Sports Direct had infringed its trademark through products [...]