Mike Ashley’s Frasers Group makes £83m offer for handbag maker Mulberry Sports Direct owner looks to up 37% stake to 100% amid concerns for future of cash-strapped fashion firm The Guardian - UK · Sep 30, 2024
Frasers Group seeks approval for Mike Ashley to cash in £585m in share buyback Company wants investors’ permission to buy billionaire’s shares in private deal at market price at the time The Guardian - UK · Aug 23, 2024
Myprotein operator THG strikes deal with Frasers for consumer credit roll-out THG also revealed it has clinched a deal to sell its luxury brand Coggles to Frasers. The Independent UK · Jun 24, 2024
Frasers buys THG’s Coggles website as they unveil partnership deal Sports Direct owner to acquire luxury goods sites and sell online retailer’s protein powder in its shops The Guardian - UK · Jun 24, 2024
How town centres are recovering from the fall of Debenhams Former Debenhams stores across the UK are being reinvented, with a dizzying array of new uses – but only a third of the sites are now occupied by retailers The Guardian - UK · Jun 15, 2024
UK gas prices hit highest level of 2024 after crack closes Norwegian pipeline; UK factories return to growth – as it happened Rolling coverage of the latest economic and financial news, as wholesale gas prices rise after disruption to supplies from Norway The Guardian - UK · Jun 3, 2024
Designer brands owed millions after Matchesfashion collapse Some customers of the online fashion site, which owed more than £210m when it collapsed in March, are also unable to get refunds The Guardian - UK · Apr 24, 2024
Evans Cycles store lines its walls with cut-price WiggleCRC stock Leftover stock being sold off through Wiggle's new stablemate at Mike Ashley's Frasers Group Cycling Weekly · Apr 4, 2024
Frasers’ new director is boyfriend of owner Mike Ashley’s daughter David Al-Mudallal, who is in a relationship with Matilda Ashley, appointed to Sports Direct parent company’s board The Guardian - UK · Mar 31, 2024
Mike Ashley's Frasers Group to relaunch Chain Reaction and Wiggle websites and look to continue MTB brands Nukeproof, Vitus and Ragley After months of speculation, details emerged on the future of WiggleCRC and their in-house brands Bike Perfect · Mar 22, 2024
US jobless rate rises to two-year high while wage growth slows – as it happened US economy adds 275,000 jobs, more than expected but that strength is partly offset by downward revisions to past months The Guardian - UK · Mar 8, 2024
Frasers Group reportedly set to scoop up remnants of WiggleCRC for less than £10 million Acquisition follows on from February news that business was laying off its entire workforce Cycling News · Mar 4, 2024
Would a Mike Ashley takeover of Wiggle be a ‘concern to the cycle industry’ or a ‘careful bit of business’? - Insiders weigh in as redundancies lead to trade brain drain Struggling retailer has now axed nearly every member of staff after going into administration last year Cycling Weekly · Feb 28, 2024
Full steam ahead for Hornby shares as Frasers makes model investment Retailer snapped up 11.1 million shares, lifting its total holding to 8.9% Evening Standard · Feb 23, 2024
The Guardian - UK · Feb 22, 2024 Mike Ashley victim of ‘abuse’ by US bank Morgan Stanley, high court hears Frasers Group suing over $900m cash demand linked to bets placed on shares in German retailer Hugo Boss
The Guardian - UK · Dec 7, 2023 Frasers Group warns of ‘softening’ in global luxury market as sales fall Cost of living crisis partly responsible but total sales at Mike Ashley’s company rise
Evening Standard · Sep 1, 2023 Retail titans are going on a canny shopping spree If current trends continue there will be two titans fighting over the scraps of fashion retail: Simon Wolfson and Mike Ashley.
The Guardian - UK · Jul 27, 2023 House of Fraser owner could close more big shops as department store model ‘broken’ Group says pre-tax profits almost doubled to £660m as Sports Direct improved margins
Birmingham Post · Jul 4, 2023 In Full: The 2023 Top 500 Companies in the East Midlands Top 20 includes retailers, car dealers, builders, engineering giants, recruitment companies and car manufacturers
Manchester Evening News · Jun 29, 2023 Blackpool's new department store is set to open this year Frasers will replace the old Debenhams and sell beauty, fashion, home, premium, contemporary accessories, and childrenswear
The Guardian - UK · Jun 20, 2023 Mike Ashley’s Frasers Group buys 5% Boohoo stake in online shopping spree Sale adds to flurry of investments by owner of Sports Direct, including in Currys, AO and Asos
Birmingham Post · Jun 20, 2023 Mike Ashley's Frasers Group doubles stake in Currys Frasers has a history of investment partnerships in other retail brands, such as AO.com, Asos and Hugo Boss
Birmingham Post · Jun 16, 2023 Mike Ashley's Frasers Group increases stake in AO The original deal saw Frasers Group acquire a stake of just under 19% in AO for £75m
The Guardian - UK · Jun 12, 2023 Mike Ashley stretches the edges of Frasers’ ‘ecosystem’ with AO World stake Strategically questionable 18.9% stake in the white goods seller suggests the Sports Direct founder still can’t resist a punt
Manchester Evening News · Jun 12, 2023 Mike Ashley's retail empire buys £75m stake in electricals giant AO Frasers Group has snapped up a number of Manchester companies over the last year or so