Frasers Group lifts stakes in Boohoo, Asos
Mike Ashley’s Frasers Group went on a shopping spree on Wednesday, picking up more shares in both Boohoo and Asos.
ASOS
367.60p
12:39 15/11/24
0.55%
2.00p
Boohoo Group
30.20p
12:39 15/11/24
-2.27%
-0.70p
Frasers Group
742.50p
12:50 15/11/24
1.30%
9.50p
FTSE 100
8,082.31
12:50 15/11/24
n/a
n/a
FTSE 350
4,463.58
12:50 15/11/24
n/a
n/a
FTSE AIM 100
3,530.04
12:50 15/11/24
n/a
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FTSE AIM All-Share
728.80
12:50 15/11/24
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FTSE All-Share
4,421.63
12:50 15/11/24
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FTSE Small Cap
6,805.93
12:50 15/11/24
n/a
n/a
General Retailers
4,610.20
12:44 15/11/24
0.11%
5.26
The company - which owns Sports Direct, House of Fraser, Flannels, Evans Cycles and Jack Wills, among others - lifted its stake in Boohoo to 16.5% from 15.1%.
It bumped up its stake in online fashion retailer Asos, to 12.6% from 10.7%.
Frasers has also built stakes in AO World, Currys, N Brown, Hugo Boss and Mulberry.