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Mike Ashley

  • London Marathon CEO Hugh Brasher: 2026 race day was the proudest moment of my career

    Opinion

    We dig into the memory bank of the City's great and good. Today, London Marathon Events CEO Hugh Brasher runs through his career highs and lows.

    London Marathon Events CEO Hugh Brasher at a press event discussing plans for the 2026 marathon in London.
  • Mike Ashley wins trademark appeal, throwing out eye-watering damages bill 

    Legal

    The retail empire of business tycoon Mike Ashley has won an appeal challenging damages awarded in a trademark infringement claim, sidestepping paying a potentially stinging bill.  The judgment follows a longstanding legal dispute between the discount sports retailer and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which argued Ashley’s Sports [...]

    Mike Ashley, founder of Frasers Group Plc. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
  • Mike Ashley: I was behind Peter Cowgill’s JD Sports downfall

    Retail

    Billionaire businessman Mike Ashley has admitted he masterminded the infamous car park footage leak that brought down his arch rival, JD Sports’ boss Peter Cowgill. Cowgill, who was executive chairman of JD Sports, quit the sportswear retailer in 2022 after being fined by the competition watchdog over a car park rendezvous with the boss of [...]

    Mike Ashley, founder of Frasers Group Plc. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images
  • 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 [...]

  • Sheffield Wednesday: New preferred bidder’s quick deal incentive revealed

    March 11, 2026

    Sheffield Wednesday’s new preferred bidder, US group Arise Capital Partners, hopes to complete a cut-price takeover of the fallen English giants before the end of the season. The group, made up of investors David Storch, Michael Storch and Tom Costin, has emerged as the club’s latest would-be saviour with an offer reported to be in [...]

  • Exclusive: Frasers Group acquires stake in athletic giant Puma

    March 5, 2026

    Frasers Group has taken a stake in athletic giant Puma, City AM can reveal.  Retail giant Frasers has acquired 246,000 shares in the athletic group, according to German filings published on Thursday. Puma’s share price currently stands at €22.50, meaning this 5.77 per cent stake is worth more than €5.5m. Frasers Group, founded by British [...]

  • Hornby offloads toy car brand Scalextric for £20m

    February 27, 2026

    Hornby, the model railway firm advised by Mike Ashley, has agreed to sell toy car racing brand Scalextric for £20m.  Castelnau, Hornby’s parent company, announced on Friday it will sell the toy brand to Purbeck Capital Partners.  Hornby, which also sells toy planes and cars under the Airfix and Corgi brands, has owned Scalextric since [...]

  • Debenhams clinches equity raise after share price spook

    February 19, 2026

    Debenhams Group successfully closed its equity fundraise above its initial £35m target despite a stock market spook which saw its shares drop by 20 per cent. The fashion group, which recently rebranded from Boohoo Group, had pitched the equity raise as central to its turnaround from significant struggles in recent years.  Debenhams Group, which owns [...]

  • Exclusive: RPC to lose Mike Ashley’s ‘rainmaker’ lawyer

    February 13, 2026

    City law firm RPC is set to lose one of its highest-billing lawyers, who represents the retail titan Mike Ashley. Long-term partner Jeremy Drew will leave the firm after nearly 20 years in the solicitor’s retail and commercial department, which he also co-led. The star lawyer has been a long-term adviser to Mike Ashley, the [...]

  • Betfred brothers, Alex Gerko, Mike Ashley: Top UK taxpayers revealed

    January 31, 2026

    Betting entrepreneurs Peter Done and Denise Coates, traders Alex Gerko and Chris Rokos, and high street kingpins Tim Martin and Mike Ashley are among the top taxpayers in the UK, new analysis has revealed. Betfred founders Fred and Peter Done paid the most cash into HMRC over the past year, according to The Sunday Times’ [...]

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