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Mike Ashley

  • Mike Ashley’s Frasers puts Matches Fashion into administration following bargain deal

    March 8, 2024

    Mike Ashely’s Frasers Group is putting Matches Fashion, the luxury online fashion retailer, into administration less than three months after buying it in a cut price deal worth £52m.

  • Frasers’ buying spree continues as it snaps up online bike store Wiggle

    March 3, 2024

    Sports Direct owner Frasers Group has bought online bike store Wiggle out of administration, betting that demand for bikes will eventually recover.

  • Mike Ashley’s Frasers Group significantly ups stake in model trains maker Hornby

    February 23, 2024

    Mike Ashley's retail empire Frasers Group has significantly increased its stake in model railways manufacturer Hornby.

  • Frasers boss Mike Ashley’s legal battle against Morgan Stanley kicks off in London

    February 21, 2024

    Ashley's business is claiming the US bank used "unlawful means" to close out bets on Hugo Boss stock, which resulted in the company losing around £50m.

  • Currys: Could Mike Ashley’s Frasers Group enter bidding war?

    February 19, 2024

    Electricals retailer Currys hit the headlines over the weekend after it emerged it could become the latest big name to leave the London Stock Exchange in a huge take-private deal.

  • Mike Ashley’s Frasers Group strengthens grip on AO as it increases stake again

    February 13, 2024

    Mike Ashley's Frasers Group now owns almost a quarter of electricals seller AO after the retail giant further upped its stake.

  • Mike Ashley’s Frasers Group begins £80m share buyback and ups stake in N Brown

    February 12, 2024

    The programme, which begins today and will run for 11 weeks to 28 April, will see a maximum of 10m shares acquired for £80m at most, or about two per cent of the firm.

  • Mike Ashley’s Frasers Group further ups Boohoo stake

    February 7, 2024

    Mike Ashley's Frasers Group has furthered strengthened its position as the largest single shareholder in Boohoo.

  • Studio Retail back in the black after recovering from £75m losses before Frasers Group rescue

    January 25, 2024

    Studio Retail surged back into the black after recovering from losses of over £75m as it collapsed into administration, new documents have revealed.

  • Frasers Group: What Mike Ashley’s retail empire’s endgame could be after Boohoo, Asos, Currys, AO and N Brown investments

    January 19, 2024

    Morning Wire's UK Editor Jon Robinson asks why Frasers Group has continued increasing its stakes in the likes of Boohoo and Asos and what the endgame could be.

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