Posts tagged: ASOS

Betaville Intelligence

RARE ALERT: ASOS said to ... - Part 24

Monday, 6 November 2023, 10:32 pm

After reducing his shareholding in Asos last month, the London-listed fashion retailer, Mike Ashley has now upped it again.

In late October, Frasers Group - which the billionaire retailer Ashley controls - reduced its stake in Asos from 23pc to 18.9pc. Below is the link to the announcement:..


Tags: ASOS
Betaville Intelligence

RARE ALERT: ASOS said to ... - Part 20

Tuesday, 17 October 2023, 9:36 am

So, Mike Ashley's Frasers Group has upped its stake further in online retailer Asos to 22.8pc whilst also increasing the shareholding in rival digital fashion firm Boohoo to 15.1pc.

The dual stakebuilding does raise questions about whether Ashley, a well-known gambler, is ultimately plotting a bid for both companies.

Little old Betaville, though, assumes one of these stakebuildings could be a head fake.....


Betaville Intelligence

RARE ALERT: ASOS said to ... - Part 15

Saturday, 26 August 2023, 9:17 am

Little old Betaville suspects it won't be too long now before Mike Ashley's Frasers Group becomes the largest shareholder in ASOS.

That's because yesterday Frasers Group disclosed once again that it had been accumulating more stock in the London-listed online fashion retailer.

According to regulatory filings, Frasers Group now owns 19.3pc of ASOS. Below is the link to yesterday's announcement:..