US EditionFrasers ups stake in Boohoo to 9.1 per cent as share price rises
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Frasers ups stake in Boohoo to 9.1 per cent as share price rises
Mike Ashley’s Frasers Group has raised his stake in fast fashion firm Boohoo from 7.9 per cent to 9.1 per cent. The retail powerhouse, which owns Sports Direct and Frasers, had previously carved out a smaller stake in the company earlier this summer. The company previously said the move with Boohoo could lead to collaborations between the fashion brand and Missguided, which Frasers owns. The business, which is majority owned by retail tyco…
·London, United Kingdom
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