Warhammer maker earns place in FTSE 100 while Frasers drops off top index The latest reshuffle of the London Stock Exchange has seen Nottingham-based Games Workshop join the UK’s biggest share index. Evening Standard · Dec 4, 2024
Police investigate claims that Boohoo bosses were stalked – reports The claims come amid an escalating boardroom row between Boohoo and Mike Ashley’s Frasers Group, which holds a 28% stake in the fast fashion firm. Evening Standard · Dec 4, 2024
Frasers Group to shed light on consumer demand ahead of key Christmas period Frasers Group will update investors on its performance over the past six months on Thursday December 5. Evening Standard · Nov 29, 2024
Mike Ashley’s Frasers buys £3m stake in Marks Electrical In a stock market filing, Marks revealed that Frasers has bought 6.73 million shares in the business. Evening Standard · Nov 26, 2024
Mike Ashley’s Frasers urges Boohoo to oust co-founder Kamani Frasers, which is Boohoo’s largest shareholder, said Mr Kamani ‘must go’ after overseeing a sharp plunge in its shares over the past three years. The Independent UK · Nov 21, 2024
Boohoo accuses Frasers Group of ‘self interest’ amid Mike Ashley row Frasers Group had called Boohoo ‘desperate’ after it declined its attempts to install founder Mr Ashley as chief executive. Evening Standard · Nov 7, 2024
Frasers Group says appointment of Boohoo boss shows ‘disregard’ for shareholders Mike Ashley’s firm had been trying to install him as Boohoo’s new chief executive, but the online retailer chose someone else. The Independent UK · Nov 6, 2024
Boohoo appoints new head, rejecting Mike Ashley’s attempted boardroom takeover The struggling online retailer has chosen Dan Finley, the boss of Debenhams, which it owns, as its new chief executive. The Independent UK · Nov 1, 2024
FTSE 100 ends week in the red as investors look to upcoming Budget Chancellor Rachel Reeves will deliver the spending statement on October 30, with several tax hikes mooted. The Independent UK · Oct 25, 2024
Boohoo rejects criticism from Frasers Group as ‘inaccurate and unfair’ Frasers Group, which owns 27% of Boohoo, is attempting to install its founder Mike Ashley as chief executive of the online retailer The Guardian - UK · Oct 25, 2024
Boohoo hits back at Frasers over Mike Ashley’s attempted boardroom takeover Frasers had previously sounded the alarm over what it said was a ‘leadership crisis’ at Boohoo, and sought to install Mr Ashley as chief executive. The Independent UK · Oct 25, 2024
Boohoo wards off audacious boardroom coup move from Frasers neither delayed responding to Frasers’ requests for board representation nor ignored them.” Evening Standard · Oct 25, 2024
Boohoo was already a governance mess. Enter Mike Ashley for extra complexity Frasers wants its founder to be boss of the ailing fashion retailer. But Ashley isn’t ruling out being a bidder himself in any potential break-up The Guardian - UK · Oct 24, 2024
London stocks climb after strong gains for Unilever and Barclays The FTSE 100 finished 10.74 points, or 0.13%, higher to end the day at 8,269.38. The Independent UK · Oct 24, 2024
The Guardian - UK · Oct 24, 2024 Frasers Group calls for Mike Ashley to replace Boohoo chief Ashley’s Frasers Group, which owns 27% of online retailer, seeks vote on overhaul to ‘set new course’ for future
Evening Standard · Oct 24, 2024 Frasers demands appointment of founder Mike Ashley as boss of Boohoo Frasers warned over what it claimed was a ‘leadership crisis’ at Boohoo after its chief executive last week stepped down.
The Guardian - UK · Oct 23, 2024 Frasers Group criticises management of Mulberry after ditching takeover plans Mike Ashley’s retail group says it ‘remains concerned about governance’ at luxury brand after final bid rejected
Evening Standard · Oct 23, 2024 Frasers ditches £111m takeover plans for luxury firm Mulberry Frasers urged Mulberry to provide a ‘credible’ business plan soon and raised worries over the governance of the fashion firm.
Evening Standard · Oct 23, 2024 Frasers abandons its takeover bid for Mulberry Frasers said it “continues to believe that market headwinds, and a clear lack of commercial plan” place Mulberry “in a very difficult financial position.”
The Guardian - UK · Oct 22, 2024 Mulberry rejects fresh bid from Mike Ashley’s Frasers Group as ‘untenable’ Frasers had raised its offer from 130p to 150p a share, valuing the British luxury handbag maker at £111m
Evening Standard · Oct 22, 2024 Mulberry dismisses £111m takeover tilt from Frasers as ‘untenable’ The fashion firm said its board would rather focus on ‘driving the commercial performance of the business’ than backing the 150p-a-share approach.
Evening Standard · Oct 14, 2024 Mulberry set to stay out of the clutches of Frasers after Challice backing Frasers upped its offer for Mulberry to 150p a share, valuing the company at £111 million, on Friday
The Guardian - UK · Oct 13, 2024 Mulberry’s owner rejects increased £111m bid from Mike Ashley’s Frasers Group Majority owner, Challice, says it has no interest in selling shares to group that already owns 37% of luxury brand
The Guardian - UK · Oct 11, 2024 Mike Ashley’s Frasers Group takes £10m stake in online retailer THG Move is part of THG raising £95.4m to fund demerger of lossmaking technology arm Ingenuity
The Guardian - UK · Oct 1, 2024 Mulberry rejects £83m takeover bid from Mike Ashley’s Frasers Group British handbag maker says it is raising cash for turnaround and does not need offer from Sports Direct owner