Mike Ashley's Frasers Group snaps up stake in luxury brand Mulberry
over 5 years in The guardian
Billionaire wants to reposition his fashion empire towards ‘premium third-party brands’
Mike Ashley has bought a 12.5% stake in the luxury British handbag company Mulberry as he seeks to push his retail empire upmarket.
Ashley’s Fraser Group announced on Monday that it had bought the stake as a part of a “key strategic priority” to reposition his fashion group towards “premium third-party brands”. Continue reading...
Who is popular today?
