Frasers Group ups stake in Asos
Mike Ashley’s Frasers Group has lifted its stake in online fashion retailer Asos again.
ASOS
336.60p
15:29 07/11/24
-1.58%
-5.40p
Frasers Group
764.50p
15:29 07/11/24
1.33%
10.00p
FTSE 100
8,166.86
15:35 07/11/24
n/a
n/a
FTSE 250
20,618.96
15:35 07/11/24
n/a
n/a
FTSE 350
4,507.55
15:35 07/11/24
n/a
n/a
FTSE All-Share
4,465.05
15:35 07/11/24
n/a
n/a
General Retailers
4,573.37
15:34 07/11/24
-0.99%
-45.61
Frasers upped its stake to 8.8% from 7.4%. This compares to around 5% in October 2022.
Frasers Group, which owns House of Frasers and Sports Direct, among others, also has stakes in luxury handbag maker Mulberry and Hugo Boss.