Mike Ashely’s Frasers Group raises stake in Boohoo to 22 per cent

Mike Ashely’s Frasers Group raises stake in Boohoo to 22 per cent

City A.M.

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Mike Ashely’s Frasers Group has upped its stake in Boohoo again, taking it from 17 per cent to over 22 per cent.  Shares in the fast fashion firm leaped over three per cent this morning as investors responded positively to the news.  Frasers, formerly called Sports Direct, said over the summer its purchase of Boohoo [...]

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