Mike Ashley’s Frasers Group ups stake in Boohoo again

(Sharecast News) – Mike Ashely’s Frasers Group upped its stake in fast fashion retailer Boohoo on Monday to 15.1% from 13.4%.

Last week, the company – which owns Sports Direct, House of Fraser and Flannels, among others – increased the stake from 9.1%.

Frasers has also built stakes in Asos, AO World, Currys, N Brown and Hugo Boss.

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