FrasersGroup

Frasers Group Remains Vague on Boohoo Acquisition Strategy, Says ISS

14 days ago

In a recent statement by Institutional Shareholder Services (ISS), concerns have been raised regarding Mike Ashley's Frasers Group and its potential acquisition of Boohoo, the prominent online fashion retailer. The ISS report emphasizes the lack of concrete plans from Frasers Group regarding the future of Boohoo, leaving investors uncertain about the direction the business will take.

Frasers Group's Profit Warning Triggers Stock Plunge Amid Weak Consumer Sentiment

18 days ago

Frasers Group, the UK-based retail giant known for its diverse portfolio of brands, including Sports Direct and House of Fraser, has experienced a significant drop in its stock value following a stark warning regarding its profit outlook. On December 5, 2024, the company disclosed serious concerns related to deteriorating consumer sentiment that are expected to impact its financial performance in the coming months.

Frasers Group Demands Resignation of Boohoo Director Mahmood Kamani

1 month ago

In a bold move that has taken the retail sector by surprise, Frasers Group is calling for the immediate removal of Mahmood Kamani, a director at fashion retailer Boohoo. This announcement is part of a broader strategy by Frasers, led by its owner Mike Ashley, to shake up the management of companies it invests in and to exert its influence over the retail industry.

Frasers Group Ends Pursuit of Iconic Handbag Brand Mulberry

2 months ago

In a surprising turn of events, Mike Ashley's Frasers Group has decided to withdraw its acquisition bid for the renowned British handbag and accessories maker, Mulberry. This development follows an extended period of speculation and negotiations, drawing the attention of both industry analysts and fashion enthusiasts alike.