Mike Ashley
This coverage examines Mike Ashley’s activities and influence within the UK retail sector, including his leadership roles, acquisitions, strategic decisions, and impact on companies such as Sports Direct and Frasers Group. Reporting provides retail managers and executives with insights into his business approach and its implications for the wider industry.
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Sep- 2025 -22 SeptemberClothing & Shoes
Boohoo hit by shareholder revolt over exec bonuses
Boohoo has suffered a shareholder revolt at its AGM following criticism over millions of pounds in bonuses paid to its bosses. Although all resolutions passed, more than 40% of voting shareholders voted against Boohoo’s remuneration plan at the meeting on Friday (19 September) after advisory firms called on shareholders to…
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1 SeptemberHigh Street
Frasers to lower bonus goal as boss misses out on £100m payout
Frasers Group CEO Michael Murray is set to miss out on the required targets to achieve a £100m bonus, but the company is set to lower the targets which could see him land the bonus by 2030, according to reports from The Times. The bonus is dependent on the company…
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Aug- 2025 -8 AugustHealth & Beauty
Revolution Beauty rejects PE bid amid ongoing sales process
Revolution Beauty has reportedly turned down a bid from specialist private equity firm True, according to reports from Reuters. The company confirmed that it is continuing to advance its engagement with its shareholders, including in respect of a potential equity raise. As a result of this the company’s share price…
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Jun- 2025 -10 JuneHealth & Beauty
Frasers mulls all-cash bid for Revolution Beauty
Frasers Group has confirmed it is participating in a formal sale process of Revolution Beauty, which could see it acquire the group through an all-cash bid. In a filing released today (10 June), the Mike Ashley-owned group revealed that “any offer for the issued and to be issued share capital…
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9 JuneHealth & Beauty
Frasers eyes Revolution Beauty takeover
Frasers Group is reportedly exploring a takeover bid for the struggling Revolution Beauty, Sky News has reported. Sources told Sky that the Mike Ashley-owned group had approached Revolution Beauty about a potential offer but was “not certain” it would enter a bid. Revolution Beauty has since confirmed that Frasers is…
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Apr- 2025 -1 AprilNews-In-Brief
Today’s news in brief-1/4/25
Retailers are bracing for a £5.56bn rise in costs following the implementation of recent Budget measures, including higher National Insurance contributions and an increased minimum wage. According to Retail Economics, these changes will force businesses to absorb £1.76bn in profit losses while passing £1.72bn onto consumers through price hikes. Chancellor…
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1 AprilHealth & Beauty
Frasers ups stake in THG to 10.92%
Mike Ashley’s Frasers Group has revealed it has increased its stake in THG from 4.8% to 10.92%, according to the latest holding documents filed by the company. It now holds 151,940,734 voting rights in the company. The news comes as THG successfully fundraised £90m with the support from new investors…
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Mar- 2025 -26 MarchElectrical
Frasers ups stake in AO World to 25%
Mike Ashley’s Frasers Group has revealed it has increased its stake in fashion retailer Brown to 25.01%, according to the latest holding documents filed by the company. It now holds 145,148,997 voting rights in the company. The news comes as the electrical retailer AO raised its full-year forecast to between…
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Jan- 2025 -29 JanuaryHealth & Beauty
Frasers ups stake in THG to 4.8%
Mike Ashley’s Frasers Group has upped its stake in THG to 4.8% as it continues investing in a number of UK retailers. The group now holds 63,156,741 voting rights in the company. The news comes after THG received a £10m strategic investment from Frasers Group to fund the demerger of…
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27 JanuaryNews-In-Brief
Today’s news in brief-27/1/25
WH Smith is exploring the sale of its high street arm to focus on its global Travel business, which now contributes 75% of revenue and 85% of profits. The potential sale, managed by bankers at Greenhill, comes amid a 9% decline in high street profits to £39m, although group revenue…
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