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Mike Ashley’s Luxury Bet Is Getting Bigger, but Does It Add Up?
The billionaire’s Frasers Group has added Harvey Nichols and an increased stake in Hugo Boss to a growing collection of high-end brands and retailers. Can they become part of a coherent luxury empire?
Mike Ashley’s Luxury Bet Is Getting Bigger, but Does It Add Up?
The billionaire’s Frasers Group has added Harvey Nichols and an increased stake in Hugo Boss to a growing collection of high-end brands and retailers. Can they become part of a coherent luxury empire?
Harvey Nichols Acquired by Frasers Group in Pre-Pack Administration Deal
Mike Ashley’s Frasers Group has bought the upmarket department store chain out of administration after it warned it could run out of money without new funding.
Harvey Nichols Acquired by Frasers Group in Pre-Pack Administration Deal
Mike Ashley’s Frasers Group has bought the upmarket department store chain out of administration after it warned it could run out of money without new funding.
Can Harvey Nichols Recapture its Glamour?
The once-glitzy department store chain is in a "death spiral," says Frasers Group's Mike Ashley, who has made a bid to take control. A refocus on design could be what it needs.
Can Harvey Nichols Recapture its Glamour?
The once-glitzy department store chain is in a "death spiral," says Frasers Group's Mike Ashley, who has made a bid to take control. A refocus on design could be what it needs.
UK Retail Sales Get Surprise Boost From Hot Weather and World Cup
Sales rose unexpectedly in June as shoppers increased spending on clothing and air conditioning, adding to signs of a pickup spurred by record temperatures and the World Cup.
UK Retail Sales Get Surprise Boost From Hot Weather and World Cup
Sales rose unexpectedly in June as shoppers increased spending on clothing and air conditioning, adding to signs of a pickup spurred by record temperatures and the World Cup.
What Next for Mike Ashley’s Patchwork Retail Empire?
With Frasers Group recently ejected from the FTSE 100, cutting profit forecasts and founder Ashley thwarted in an attempt to join the board of the online retailer Boohoo, are there signs his disparate empire is beginning to creak?
What Next for Mike Ashley’s Patchwork Retail Empire?
With Frasers Group recently ejected from the FTSE 100, cutting profit forecasts and founder Ashley thwarted in an attempt to join the board of the online retailer Boohoo, are there signs his disparate empire is beginning to creak?
Mulberry to Cut Nearly a Quarter of Corporate Roles
The British handbag maker will lay off around 85 people globally as it aims to chart a path back to profitability after fending off a takeover bid from billionaire Mike Ashley’s Frasers Group.
Mulberry to Cut Nearly a Quarter of Corporate Roles
The British handbag maker will lay off around 85 people globally as it aims to chart a path back to profitability after fending off a takeover bid from billionaire Mike Ashley’s Frasers Group.
Why Frasers Group Shuttered Matchesfashion
In the latest blow to the luxury e-commerce sector, the embattled Matches is closing down just over two months after being acquired by Frasers Group as relationships with brands have reportedly soured.
Why Frasers Group Shuttered Matchesfashion
In the latest blow to the luxury e-commerce sector, the embattled Matches is closing down just over two months after being acquired by Frasers Group as relationships with brands have reportedly soured.
Can Luxury E-Commerce Be Saved?
While cash-strapped e-tailers Farfetch and Matches narrowly avoided collapse this week, both inking sales to new owners, online luxury’s way forward remains unclear.
Can Luxury E-Commerce Be Saved?
While cash-strapped e-tailers Farfetch and Matches narrowly avoided collapse this week, both inking sales to new owners, online luxury’s way forward remains unclear.
Mike Ashley’s Frasers Group Buys Matchesfashion
The sale sees owner Apax Partners take a heavy loss on the British e-tailer, recently rebranded simply Matches, amid a broader meltdown in the luxury e-commerce space.
Mike Ashley’s Frasers Group Buys Matchesfashion
The sale sees owner Apax Partners take a heavy loss on the British e-tailer, recently rebranded simply Matches, amid a broader meltdown in the luxury e-commerce space.
Fast Fashion’s M&A Frenzy, Explained
Amid a spending slowdown and steep competition, the UK fast-fashion players including Asos and Frasers Group are selling off struggling brands.
Fast Fashion’s M&A Frenzy, Explained
Amid a spending slowdown and steep competition, the UK fast-fashion players including Asos and Frasers Group are selling off struggling brands.