Retail tycoon Mike Ashley joins the race for Savile Row tailor savile row High-street tycoon Mike Ashley has reportedly joined the race to takeover Savile Row tailor Gieves & Hawkes. As first reported by Mark Kleinman for Sky News, Ashley’s Frasers Group – previously known as Sports Direct International- is now the latest bidder to join the grab for the 250-year-old Savile Row brand. It comes as Gieves [...]
Is Mike Ashley plotting a takeover of another UK retailer? Retail Retail tycoon Mike Ashley is understood to be plotting an acquisition of ailing luxury fashion site Matchesfashion.
Mike Ashley beefs up Frasers with bargain Matchesfashion deal Retail Retail tycoon Mike Ashley has bought yet another struggling retail brand, snapping up Matchesfashion in a discounted deal.
Mike Ashley’s Frasers carves out 9.1 per cent stake in Boohoo as share price rises August 31, 2023 Mike Ashley’s Frasers Group has raised his stake in fast fashion firm Boohoo from 7.9 per cent to 9.1 per cent. The retail powerhouse, which owns Sports Direct and Frasers, had previously carved out a smaller stake in the company earlier this summer. The company previously said the move with Boohoo could lead to collaborations [...]
Yorkshire board approve Colin Graves takeover, reports January 10, 2024 The board of directors at Yorkshire County Cricket Club have reportedly accepted a takeover bid by former club and England and Wales Cricket Board chairman Colin Graves. Board members supported the bid unanimously, according to The Times, with club members potentially giving their approval after at least 21 days notice. The club, who have been [...]
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
Former Yorkshire chair Colin Graves in negotiations for club ahead of Mike Ashley December 19, 2023 Former chairman of Yorkshire cricket club Colin Graves could be a surprise buyer of the county after he reportedly entered advanced negotiations with the outfit who have recently been at the centre of a racism storm. The move would sensationally derail an attempt by former Newcastle United owner and retail tycoon Mike Ashley’s attempt to [...]
Retail tycoon Mike Ashley ‘furious’ after being ‘frozen out’ of Debenhams sale November 1, 2020 Retail mogul Mike Ashley is reportedly “furious” about being “frozen out” of an auction for collapsed department store Debenhams. The Sunday Times reported that lawyers for the tycoon have spent the last week complaining to Lazards and law firm Freshfields that Ashley’s Frasers Group had been given “woefully inadequate” information on the sale. Last week [...]
Mike Ashley’s Frasers Group drags Morgan Stanley boss to court seeking £50m in damages September 22, 2023 Mike Ashley’s Frasers Group has dragged the chief executive of Morgan Stanley into a UK legal battle over a $1bn (£814m) margin call regarding Hugo Boss trade. In a New York court filing lodged earlier this week, seen by The Telegraph, the retail group asked the court to make James Gorden hand over documents and [...]
Sports Direct ramps up London presence as Mike Ashley’s Frasers backs physical retail April 8, 2024 Frasers Group plans to open two Sports Direct stores in both London Westfield shopping centres, as the retail behemoth continues to back physical retail