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Mike Ashley

  • Profits steady at Frasers Group-owned Jack Wills after store closures and job cuts

    May 9, 2024

    Profits remained steady at Jack Wills, the fashion brand owned by Mike Ashley's Frasers Group, as a raft of store closures and job cuts saw its revenue fall below £30m.

  • Losses at Coventry arena revealed after Mike Ashley’s takeover as turnaround continues

    May 7, 2024

    The Coventry Building Society Arena lost more than £4m in the first six months after being acquired by Mike Ashley, it has been revealed.

  • Frasers boss Mike Ashley drops £50m lawsuit against Morgan Stanley

    May 3, 2024

    Mike Ashley has dropped his £50m lawsuit against US bank Morgan Stanley, after nearly three month since the trial concluded

  • Frasers acquires parts of Matchesfashion out of administration – but jobs not in deal

    April 30, 2024

    Frasers Group has acquired parts of Matchesfashion out of administration in a deal which does not include its stock or its hundreds of employees. 

  • Mike Ashley’s Frasers Group launches fresh £80m share buyback scheme

    April 29, 2024

    Back in February, sporting giant Frasers Group announced a similar buyback scheme which ran for 11 weeks and ended on Sunday the 28th of April.

  • Matches racked up debts of over £200m as Mike Ashley’s Frasers Group failed to turnaround luxury fashion brand

    April 24, 2024

    Fashion brand Matches owed more than £200m as it was put into administration by Mike Ashley's Frasers Group , it has been revealed.

  • Hornby: British model railways maker’s shares tumble as Red Sea delivery delays hit sales

    April 22, 2024

    Hornby, the British manufacturer of iconic model railway sets, has flagged a dip in sales after deliveries were delayed by Red Sea ship attacks.

  • Sports Direct fails in bid for injunction against Premier League’s Newcastle United over replica kits

    April 15, 2024

    The premier league club reasons were that it has entered into an exclusive retail arrangement with JD Sport to sell its upcoming replica kit.

  • Mike Ashley’s Sports Direct locks horns with Premier League club Newcastle United over replica kits

    April 9, 2024

    The club has refused to supply Sports Direct - and its former owner Mike Ashley - with its upcoming replica kit, as it now has an exclusive retail arrangement with JD Sport.

  • Next and Mike Ashley’s Frasers Group mull Ted Baker rescue deal

    April 9, 2024

    Mike Ashley’s Frasers Group and Next have reportedly expressed interest in buying Ted Baker. 

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