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Mike Ashley’s Frasers circles Burberry in latest luxury swoop

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Mike Ashley’s Frasers circles Burberry in latest luxury swoop
Mike Ashley’s Frasers Group is eyeing up a holding in Burberry as its latest push into luxury fashion.  Frasers has revealed that it holds the rights to a 4.2 per cent stake in the British fashion house, which would make Ashley’s group one of its biggest shareholders. The position is held through put options, which [...]
29 Jul, 10:03
FT UK
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Mike Ashley’s Frasers Group builds stake in Burberry
Sports Direct owner discloses 4% position as it strives to establish itself in the luxury market
28 Jul, 17:05
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