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Mike Ashley’s Frasers racks up £1.2bn debt pile amid luxury shopping spree

Summary by Retail Gazette
Frasers Group’s debt pile has climbed above £1.2bn as the Sports Direct parent company continues an aggressive acquisition drive across luxury and international retail. Frasers Group has rapidly expanded its portfolio and investments over the past year, snapping up businesses, property and stakes in some of fashion’s biggest names as it pushes ahead with its...
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Retail Gazette broke the news on Wednesday, September 9, 2026.
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