Frasers builds stake in Burberry to become third largest shareholder

Mike Ashley’s Frasers Group discloses position in Burberry

Frasers Group has taken a 4.2% position in Burberry, the latest intervention by the retail group into a luxury brand

Frasers builds stake in Burberry to become third largest shareholder

British retailer Frasers has disclosed a 4.16% exposure in Burberry Group , a regulatory filing from ​the UK-based luxury brand showed on Tuesday.

MIKE ASHLEY'S FRASERS GROUP BUILDS STAKE IN BURBERRY

Frasers Group has built a position in Burberry as the Sports Direct owner steps up its efforts to become a major player in the UK's luxury retail market. The group, majority owned by billionaire Mike...

Mike Ashley’s Frasers Group Takes 4.2% Stake in Burberry

Frasers Group acquires a 4.2% stake in Burberry as the brand sees growth in sales across categories, fueled by Gen Z interest and luxury demand.

Frasers Group checks into Burberry with a 4% stake

The FTSE 250 firm, which owns Sports Direct and House of Fraser, disclosed last night that it owns 4.1% of the British trench-coat maker.

Mike Ashley builds stake in Burberry