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Mike Ashley

  • Evans Cycles: Big loss revealed in delayed results for brand owned by Mike Ashley’s Frasers Group

    August 8, 2024

    Significantly delayed accounts for Evans Cycles have revealed how far the brand, which is owned by Mike Ashley’s Frasers Group, has slumped further into the red. According to results for the year to April 30, 2023, which have only just been filed with Companies House, Evans Cycles slipped to a pre-tax loss of £23.2m. The [...]

  • Frasers Group: Four charts that show how Mike Ashley’s empire took over the high street

    July 24, 2024

    Analysts are predicting Frasers Group will only continue to grow. Here’s four charts showing how it got there.

  • Frasers shares jump as firm’s profit comes in at the ‘top end’ of guidance

    July 18, 2024

    The group, which became one of the UK's top retailers under the stewardship of Mike Ashley, said adjusted profit before tax rose 13.1 per cent to £545m.

  • Mike Ashley’s Frasers Group lowers stake in AO World

    July 8, 2024

    Mike Ashley's retail empire Frasers Group has lowered its stake in white goods giant AO World.

  • Mike Ashley bounce over for Hornby as share gains after Frasers Group investment wiped out

    June 25, 2024

    Model railways manufacturer Hornby is now worth less than it was when Mike Ashley's retail empire Frasers Group revealed its investment in the brand earlier this year.

  • Myprotein and Frasers Group team up to boost in store sales

    June 24, 2024

    The company behind fitness supplement maker Myprotein has revealed a new partnership with Mike Ashley's Frasers Group which will see its products available in store at Sports Direct.

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

    June 18, 2024

    Mike Ashley's Frasers Group, which owns the likes of House of Fraser and Sports Direct, has launched a new share buyback programme of up to £80m.

  • Mike Ashley’s Frasers Group hires former HS2 and HMRC boss

    June 3, 2024

    Mike Ashley's retail empire Frasers Group has joined the former chair of HS2 and CEO of HMRC to its board.

  • Mike Ashley’s Frasers Group ups stake in Hugo Boss to over £300m

    May 31, 2024

    Mike Ashley's Frasers Group has upped its stake in fashion brand Hugo Boss, bringing its total stake in the company to £305m.

  • Mike Ashley’s Frasers Group plots stake in two UK shopping centres

    May 21, 2024

    Mike Ashley’s Frasers Group is reportedly closing in on two shopping centre deals, one of which includes a 50 per cent stake in the King’s property company as the retail behemoth looks to grow its physical estate. 

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