Mike Ashley

House of Fraser could disappear from high street, CEO warns

House of Fraser stores could disappear from the high street altogether, as Frasers plans to pivot away from the traditional…

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Today’s news in brief-06/10/23

Pandora has raised its revenue guidance for the year to DKK 34-36bn (£4.2-4.5bn) following a surge in store sales. As…

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Frasers ups stake in Boohoo to 13.4%

Mike Ashley’s Frasers Group has upped its stake in Boohoo to 13.4% as it continues investing in a number of…

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Today’s news in brief-19/09/23

Kingfisher, the parent company of B&Q, has revised down its full-year profit forecast to £590m from the initial estimate of…

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Shein’s UK business posts £1bn sales

Shein’s UK business has revealed that it reached £1bn in sales for the 16 months ended 31 December 2022. The…

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Today’s news in brief

Mike Ashley is reportedly in talks to sell the online clothing label Missguided to Shein, a Chinese-founded online fashion platform.…

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Mike Ashley eyes Missguided sale to Shein

Mike Ashley is looking to sell the online clothing label Missguided to the Chinese-founded online fashion platform, Shein, Sky News…

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Frasers ups Boohoo stake to 9.1%

Frasers has announced that it has increased its stake in fashion retailer Boohoo to 9.1%. The latest increase takes the…

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Frasers ups Asos stake to 19.3%

Mike Ashley’s Frasers Group has announced that it has once again upped its stake in Asos to 19.3%, up from…

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House of Fraser to close two more stores

House of Fraser is set to close two more of its stores as parent company Frasers Group continues to prioritise…

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