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Marks Electrical Group

  • Mike Ashley’s investments double to £1bn thanks to Hugo Boss shares

    Retail

    The total value of the stakes Mike Ashley’s empire holds in the likes of Hugo Boss, AO World and Boohoo have doubled to £1bn in just over a year, it has been revealed. According to the group’s latest financial results, which have been filed with the London Stock Exchange, the value of its investments in [...]

    Billionaire Mike Ashley is the majority shareholder in Frasers Group.
  • Profit drops at Marks Electrical amid ‘fiercely competitive’ backdrop but signs things are picking up

    retail

    The online electrical retailer reported that it was struggling with "downward margin pressure" as a result of consumers trading-down.

    The online electrical retailer reported that it was struggling with "downward margin pressure" as a result of consumers trading-down.

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