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Mike Ashley

  • Mike Ashley’s Frasers Group strengthens grip on AO as it increases stake again

    February 13, 2024

    Mike Ashley's Frasers Group now owns almost a quarter of electricals seller AO after the retail giant further upped its stake.

  • Mike Ashley’s Frasers Group begins £80m share buyback and ups stake in N Brown

    February 12, 2024

    The programme, which begins today and will run for 11 weeks to 28 April, will see a maximum of 10m shares acquired for £80m at most, or about two per cent of the firm.

  • Mike Ashley’s Frasers Group further ups Boohoo stake

    February 7, 2024

    Mike Ashley's Frasers Group has furthered strengthened its position as the largest single shareholder in Boohoo.

  • Studio Retail back in the black after recovering from £75m losses before Frasers Group rescue

    January 25, 2024

    Studio Retail surged back into the black after recovering from losses of over £75m as it collapsed into administration, new documents have revealed.

  • Frasers Group: What Mike Ashley’s retail empire’s endgame could be after Boohoo, Asos, Currys, AO and N Brown investments

    January 19, 2024

    City AM's UK Editor Jon Robinson asks why Frasers Group has continued increasing its stakes in the likes of Boohoo and Asos and what the endgame could be.

  • Mike Ashley beefs up Frasers with bargain Matchesfashion deal

    December 20, 2023

    Retail tycoon Mike Ashley has bought yet another struggling retail brand, snapping up Matchesfashion in a discounted deal.

  • Is Mike Ashley plotting a takeover of another UK retailer?

    December 17, 2023

    Retail tycoon Mike Ashley is understood to be plotting an acquisition of ailing luxury fashion site Matchesfashion. 

  • Frasers Group snaps up SportScheck in athletic shopping spree

    October 17, 2023

    Frasers Group, said that the sale was backed by sport powerhouses Nike and Adidas who are assisting  the business in its expansion strategy. 

  • Mike Ashley’s Frasers Group raises Boohoo stake to 15 per cent

    October 16, 2023

    Mike Ashley backed Frasers Group has once again raised its stake in online fashion brand Boohoo.  The Sports Direct owner upped its share in the group from 13.4 per cent to 15.1 per cent.  The fashion powerhouse, which also owns Jack Wills, has been rapidly increasing its stake in the popular clothing  site.  At the [...]

  • Michael Murray insists he is running Frasers, not Mike Ashley

    October 8, 2023

    The boss of Frasers Group Michael Murray has insisted he is the one making decisions at the retail firm, not his father-in-law Mike Ashley. 

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