Frasers Group ups stake in Asos
Mike Ashley’s Frasers Group has lifted its stake in online fashion retailer Asos again.
ASOS
405.60p
10:35 23/12/24
1.50%
6.00p
Frasers Group
619.50p
11:09 23/12/24
-1.12%
-7.00p
FTSE 100
8,089.75
11:10 23/12/24
n/a
n/a
FTSE 250
20,391.83
11:10 23/12/24
n/a
n/a
FTSE 350
4,464.06
11:10 23/12/24
n/a
n/a
FTSE All-Share
4,421.84
11:10 23/12/24
n/a
n/a
General Retailers
4,662.83
11:00 23/12/24
0.38%
17.54
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.