Mike Ashley’s Frasers makes £166m play for shoe firm Accent Retail Frasers Group has launched a £166m takeover bid of Australian shoe company Accent while calling for the removal of its chairman over “poor performance”. The fashion conglomerate has offered to buy all of the shares in Accent it does not already own for 65 Australian cents per share, valuing the offer at A$136m (£166m). This [...]
Hugo Boss shares soar as Mike Ashley’s Frasers circles Retail Hugo Boss shares have jumped following a €2bn takeover approach from Frasers, sending its share price above the offer tabled by Mike Ashley’s group. The German luxury brand said it is reviewing the “unsolicited” takeover attempt, which would offer €38 per share, totalling about €1.98bn and valuing the fashion house at €2.7bn. But the takeover [...]
Mike Ashley’s Frasers makes £1.7bn takeover offer for Hugo Boss Business Mike Ashley’s Frasers Group has moved to tighten its grip on German fashion giant Hugo Boss, tabling a takeover offer in a deal that values the brand at nearly €2bn. The retail empire, which spans Sports Direct and Flannels, already sits as Hugo Boss’s largest investor with a stake north of 25 per cent, and [...]
London Marathon CEO Hugh Brasher: 2026 race day was the proudest moment of my career May 14, 2026 We dig into the memory bank of the City's great and good. Today, London Marathon Events CEO Hugh Brasher runs through his career highs and lows.
Mike Ashley wins trademark appeal, throwing out eye-watering damages bill May 12, 2026 The retail empire of business tycoon Mike Ashley has won an appeal challenging damages awarded in a trademark infringement claim, sidestepping paying a potentially stinging bill. The judgment follows a longstanding legal dispute between the discount sports retailer and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which argued Ashley’s Sports [...]
Mike Ashley: I was behind Peter Cowgill’s JD Sports downfall May 10, 2026 Billionaire businessman Mike Ashley has admitted he masterminded the infamous car park footage leak that brought down his arch rival, JD Sports’ boss Peter Cowgill. Cowgill, who was executive chairman of JD Sports, quit the sportswear retailer in 2022 after being fined by the competition watchdog over a car park rendezvous with the boss of [...]
Mike Ashley appeal case confronts ‘unjust’ trademark claims April 21, 2026 Billionaire businessman Mike Ashley‘s company, Sports Direct, is back before the court today as it seeks to challenge damages awarded in a trademark infringement claim. The appeal follows a long-running dispute between Sports Direct and the Beverly Hills Polo Club brand, owned and managed by Lifestyle Equities, which claimed Sports Direct had infringed its trademark through products [...]
Sheffield Wednesday: New preferred bidder’s quick deal incentive revealed March 11, 2026 Sheffield Wednesday’s new preferred bidder, US group Arise Capital Partners, hopes to complete a cut-price takeover of the fallen English giants before the end of the season. The group, made up of investors David Storch, Michael Storch and Tom Costin, has emerged as the club’s latest would-be saviour with an offer reported to be in [...]
Exclusive: Frasers Group acquires stake in athletic giant Puma March 5, 2026 Frasers Group has taken a stake in athletic giant Puma, City AM can reveal. Retail giant Frasers has acquired 246,000 shares in the athletic group, according to German filings published on Thursday. Puma’s share price currently stands at €22.50, meaning this 5.77 per cent stake is worth more than €5.5m. Frasers Group, founded by British [...]
Hornby offloads toy car brand Scalextric for £20m February 27, 2026 Hornby, the model railway firm advised by Mike Ashley, has agreed to sell toy car racing brand Scalextric for £20m. Castelnau, Hornby’s parent company, announced on Friday it will sell the toy brand to Purbeck Capital Partners. Hornby, which also sells toy planes and cars under the Airfix and Corgi brands, has owned Scalextric since [...]