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Frasers Group becomes fourth-largest stakeholder in Asos


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Mike Ashley has built up stake of more than 5% in online fashion retailer

The billionaire retail tycoon Mike Ashley has built up a stake of more than 5% in the online fashion retailer Asos.

Ashley’s fashion and sportswear retailer Frasers Group informed Asos on Friday that it had become one of the company’s most signifiant shareholders.

Continue reading…Mike Ashley has built up stake of more than 5% in online fashion retailerThe billionaire retail tycoon Mike Ashley has built up a stake of more than 5% in the online fashion retailer Asos.Ashley’s fashion and sportswear retailer Frasers Group informed Asos on Friday that it had become one of the company’s most signifiant shareholders. Continue reading…