Posts tagged: Frasers Group
Saturday, 3 February 2024, 8:32 am
Hat tip to Isabella Fish of The Times for effectively smoking out Julian Dunkerton's plans to take Superdry private.
Superdry was yesterday forced to confirm Dunkerton's move after Isabella's story about stakebuilding from First Seagull AS, a Norwegian hedge fund. Below is a link to Superdry's confirmation:..
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Betaville IntelligenceTuesday, 16 January 2024, 7:02 am
Frasers Group - the retailer controlled by the British billionaire Mike Ashley - is back at it.
Yesterday, it emerged that Frasers Group had increased its stake again Asos, the London-listed online retailer, after reducing its shareholding last October.
Frasers Group said it now owns 24.1pc of Asos. Below is the link to the announcement:..
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Saturday, 16 December 2023, 8:33 am
Mark "The Kleinmanator" Kleinman, City Editor of Sky News, is up early with a decent scoop about Mike Ashley's Frasers Group.
According to Kleiny - a former colleague during our time working on The Daily Telegraph and The Sunday Telegraph - Frasers Group is in talks with private equity firm Apax about buying Matchesfashion, the online upmarket fashion retailer...
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Wednesday, 8 November 2023, 6:30 pm
Hat tip to Isabella Fish, the new (ish) retail editor at The Times.
Tucked away in her piece about Shein, the Chinese retail giant, registering an interest in purchasing TopShop from Asos was an almost more interesting line about Umar Kamani putting together a rival bid by forming consortium with Middle Eastern investors to buy the fahsion brand. Below is a link to Isabella's story:..
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Betaville IntelligenceWednesday, 25 October 2023, 9:49 pm
Apologies - it looks like little old Betaville got the recent Frasers Group stakebuilding announcement completely back to front.
It would appear Mike Ashley's Frasers Group has actually reduced its shareholding down from 23pc to 18.9pc. Below is a link to the announcement:..
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Betaville IntelligenceWednesday, 25 October 2023, 9:19 pm
Mike Ashley's Frasers Group has just topped its stake in Asos, the London-listed online fashion retailer.
Frasers Group this afternoon disclosed it now owns 23pc of Asos. Below is the link to the announcement:
https://otp.tools.investis.com/clients/uk/sports_direct1/rns/regulatory-story.aspx?cid=723&newsid=1728077..
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Betaville IntelligenceTuesday, 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.....
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Betaville IntelligenceFriday, 29 September 2023, 11:21 am
Mike Ashley's Frasers Group is back at it.
After a brief pause Frasers Group has increased his stake in London-listed fashion retailer Asos to 19.1pc. Below is the link:
https://otp.tools.investis.com/clients/uk/sports_direct1/rns/regulatory-story.aspx?cid=723&newsid=1718287..
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Betaville IntelligenceThursday, 31 August 2023, 5:51 pm
So, today the British retail tycoon Mike Ashley showed that he has increased his stake in another London-listed online fashion retailer - Boohoo.
Or rather Frasers Group - the retail giant Ashley has built over the last twenty years and still controls - now owns 9.1pc of Boohoo. Below is a link to today's announcement:..
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Betaville IntelligenceSaturday, 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:..
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