Mike Ashley tightens grip on Hugo Boss amid dividend demand Retail Frasers Group, the retail empire controlled by billionaire Mike Ashley, has tightened its grip on Hugo Boss after upping its stake. The owner of Sports Direct and House of Fraser has increased its shareholding in the German giant to in excess off 32 per cent. In a statement, Frasers Group said it “continues to consider [...]
Mike Ashley’s Frasers Group buys stake in Hudson Malta to boost global expansion Retail Frasers Group, the empire controlled by Mike Ashley, is to expand into Malta and Africa after acquiring a “significant non-controlling” stake in a retail and distribution business. The London-listed group has invested in Hudson Malta, which has operations across 36 African countries. The owner of Sports Direct and House of Fraser said the deal reflects [...]
House of Fraser: Profit doubles at Mike Ashley’s department store chain amid store closures Retail House of Fraser more than doubled its pre-tax profit despite a fall in revenue after closing stores across the country, it has been revealed. The performance of the department store chain, which is owned by Mike Ashley’s Frasers Group, has been outlined in accounts filed with Companies House more than seven months after the deadline. [...]
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 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.
Frasers: Mike Ashley’s high street giant that has confounded its critics May 12, 2024 Frasers Group has managed to buck a general decline in the UK retail sector, thanks largely to a string of savvy acquisitions. What does the future hold for the Mike Ashley-owned group?
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.