(Sharecast News) – Mike Ashley’s Frasers Group upped its stake in online fashion retailer Asos on Friday.
The company – which owns Sports Direct, House of Fraser, Flannels and Jack Wills – lifted its stake to 19.8% from 19.3%, sending shares in Asos higher.

At 1125 BST, they were up 5.5% at 462.50p.

Frasers also revealed in a filing earlier in the day that it has increased its stake in fast-fashion retailer Boohoo to 10.4% from 9.1%, having already upped it from 7.8% on Thursday.

Frasers also owns stakes in AO World, Currys and Hugo Boss.

Related articles

Full-year profits slide at Close Brothers

Full-year profits slide at Close Brothers

(Sharecast News) - Close Brothers Group reported a decline in its full-year statutory operating profit before tax on Tuesday, to £112m from 2022's £232.8m. The FTSE 250 company said that figure included provisions of £114.6m related to Novitas, which it disclosed in...

Latest Articles

Full-year profits slide at Close Brothers

Full-year profits slide at Close Brothers

(Sharecast News) - Close Brothers Group reported a decline in its full-year statutory operating profit before tax on Tuesday, to £112m from 2022's £232.8m. The FTSE 250 company said that figure included provisions of £114.6m related to Novitas, which it disclosed in...

Join our mailing list

Subscribe to our mailing list to receive regular updates!

No Fields Found.
x