Mike Ashley’s Frasers loosens grip on Burberry Retail Mike Ashley’s Frasers Group has loosened its grip on Burberry, despite ramping up its pursuit of high-fashion names. The retail giant, which owns Sports Direct and Flannels, had built up a position in Burberry over recent weeks but has now faltered in its pursuit of the group. Frasers Group had increased its position in Burberry [...]
Mike Ashley’s Frasers builds stakes in Burberry and Under Armour Retail Frasers Group, the retail empire founded by Mike Ashley, has taken a stake in athleisure giant Under Armour and built up its holding in fashion house Burberry. The London-listed conglomerate, which owns Sports Direct and Flannels, has pushed up its position in the FTSE 100 fashion brand from 4.2 to 6.3 per cent of the [...]
Mike Ashley tightens grip on Hugo Boss as son-in-law made chair Retail Mike Ashley has tightened his grip on Hugo Boss after his son-in-law, the boss of Frasers Group, was made chairman of the German fashion house. Frasers, which Ashley founded as Sports Direct, has been vying for control of Hugo Boss for months, resulting in him toppling the chairman of its supervisory board, Stefan Sturm, earlier [...]
Mike Ashley’s Frasers ousts Hugo Boss chairman September 14, 2026 Frasers Group, the retail empire run by Mike Ashley, has overthrown the chairman of Hugo Boss as it seeks control of the German fashion house. The UK fashion group, which owns Sports Direct, Jack Wills and Flannels, told investors on Monday that Stephan Sturm, chairman of Hugo Boss’ supervisory board, has agreed to step aside. [...]
Victoria Beckham’s fashion empire warns on ‘uncertain’ future September 9, 2026 Victoria Beckham’s luxury fashion empire has warned on its future, cautioning that the group will have to seek emergency funding if its lenders demand their money back. The former Spice Girl‘s up-market label returned a profit for the first time in the year to December but warned that the “material uncertainties” it faces could cast [...]
Victoria Beckham owed £350,000 by Harvey Nichols September 3, 2026 Victoria Beckham could be about to lose as much as £350,000 from Harvey Nichols after the celeb was named among creditors to the luxury department store who are expected to miss out on most of the £270m they are owed. The fashion designer and TV personality was owed £353,349 by the department store chain when [...]
Mike Ashley’s Frasers weighs move to oust Hugo Boss chief September 1, 2026 Mike Ashley’s Frasers Group is weighing up a move to oust a boardroom chair at Hugo Boss as it laid out fresh plans to grow its stake in the German fashion house. The retail group, which was founded by the British billionaire, told investors on Tuesday that it wants to control more than half of [...]
Mike Ashley’s Frasers offers to pay personal shoppers in Harvey Nichols takeover August 20, 2026 Frasers Group has offered to secure the pay of personal shoppers and stylists at Harvey Nichols after Mike Ashley’s retail empire bought the luxury department store. The Sports Direct and Flannels owner will make “goodwill payments” to a number of personal shoppers and stylists who were left owing money when Harvey Nichols collapsed. Frasers snapped [...]
Mike Ashley’s Frasers ups stake in Hugo Boss after takeover bid August 18, 2026 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 circles Burberry in latest luxury swoop July 29, 2026 Mike Ashley’s Frasers Group is eyeing up a holding in Burberry as its latest push into luxury fashion. Frasers has revealed that it holds the rights to a 4.2 per cent stake in the British fashion house, which would make Ashley’s group one of its biggest shareholders. The position is held through put options, which [...]