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Mike Ashley’s Frasers builds stakes in Burberry and Under Armour
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Mike Ashley’s Frasers builds stakes in Burberry and Under Armour
Frasers Group, the retail empire founded by Mike Ashley, has taken a stake in athleisure giant Under Armour and built up its holding in fashion house Burberry. The London-listed conglomerate, which owns Sports Direct and Flannels, has pushed up its position in the FTSE 100 fashion brand from 4.2 to 6.3 per cent of the [...]
7 Oct, 12:39
FT UK
Mike Ashley’s Frasers Group snaps up stake in Under Armour
Move is latest in series of bets by UK retail tycoon best known as Sports Direct owner
7 Oct, 08:19
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