Mike Ashley’s Frasers raises Boohoo stake to 16.5 per cent October 25, 2023 Frasers, the British sportswear group controlled by Mike Ashley, has raised its stake in online fashion retailer Boohoo to 16.5 per cent, according to a regulatory filing published on Wednesday. The group previously held 15.12 per cent. Frasers, formerly called Sports Direct, said in June its purchase of Boohoo shares was consistent with its strategy [...]
Seat and Cupra chief: There’s a ‘perfect storm’ ahead for European carmakers October 25, 2023 City A.M. sits down with Seat chief Wayne Griffiths to discuss the European car industry and Cupra's roaring success.
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.
England’s survival shows beautiful unpredictability of World Cup rugby October 16, 2023 After this spring’s Six Nations championship, many collectively decided that England would not challenge in this Rugby World Cup and that they could even find themselves dumped out in the group stages. Instead Europe’s fancied teams were Ireland and France. But after Sunday’s 30-24 victory over Fiji in Marseille, and then France’s 29-28 loss to [...]
FTSE 100 close: London markets lifted by higher oil and gas prices October 16, 2023 Geopolitical uncertainty has impacted markets over the past week.
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 [...]
As a British Jew, I’m appalled by our passivity to anti-semitism October 13, 2023 When did it become so hard to say “murdering Jews in their homes was bad”, without it being controversial?
Mark Kleinman: Metro Bank’s investors deserve answers, Entain’s bad bets and John Allan’s return October 12, 2023 The must-read column from the man in the know: Sky News’s City editor Mark Kleinman Metro Bank’s investors deserve answers 2023 is turning out to be a banner year for weekend overtime at Britain’s banking regulator. After officials’ February night-shifts overseeing the rescue of Silicon Valley Bank and UBS’s emergency takeover of Swiss banking rival [...]
Bill Foley agrees deal for AFC Bournemouth to gain sister club Down Under October 11, 2023 Less than a year after buying Bournemouth, Foley is adding an A League team to his multi-club network.
Das Rheingold at the Royal Opera House is enthralling October 9, 2023 As the first opera in Richard Wagner’s Ring Cycle, new productions of Das Rheingold attract intense scrutiny. Establishing the visual language for one production is hard enough, but setting the tone for three more operas is no mean feat. Director Barrie Kosky knows this, because this production marks his second stab at directing the epic [...]