CFOs Take Center Stage at Global Fashion Summit
Mike Ashley
Mike Ashley’s Frasers Group Launches Takeover Bid for Mulberry
Ashley, who first made a run at Mulberry in late 2020, is making a cash offer worth 83 million pounds for the…
Mulberry Raises Fresh Funds Amid Losses, Falling Sales in Fiscal 2024
Mulberry swung to a double-digit loss in the fiscal year ended March 30, and plans to start anew with 10.75…
Boohoo To Launch Marketplace As It Gears Up For Lender Talks
Boohoo has 75 million pounds of debt due March 2025 and some are wondering what its largest stakeholder…
The Body Shop Could Have a New Owner as Soon as June 30
Potential buyers for all, or part, of The Body Shop International handed their bids to U.K. administrators…
Frasers Group Buys Back Matches’ Intellectual Property, but Not the Stock
Frasers Group has repurchased the intellectual property belonging to luxury retailer Matches, and wants…
CEO Nick Beighton Out at Matches
Beighton's appointment as a director at Matches has been terminated, according to Companies House, the…
Brands Call In Lawyers to Deal With Matches Bankruptcy Headache
Fashion and luxury brands that once supplied Matches are hoping to claw back outstanding payments for orders…
Frasers Group Shuts Matches Two Months After Purchasing It for 52 Million Pounds
Frasers is placing London retailer Matches into administration in another blow for online luxury retail.
Change Afoot at Boohoo, While Shein Has IPO Struggles
Merger rumblings surround Boohoo amid exec exits, as Frasers' share acquisitions raise more questions than…
Mike Ashley’s Frasers Group Acquires Matches
Frasers acquired Matches from private equity firm Apax Partners in a deal valued at 52 million pounds and…
Report: Frasers in Advanced Talks for Matches
Mike Ashley's Frasers Group has the inside track in talks for Matches in a deal valued at 50 million to 75…
Farfetch Said to Be Mulling Browns Sale as Credit Rating Takes Hit
Ida Petersson exits the London retailer just as S&P cut its rating on parent company Farfetch, worrying over…
What to Know About Shein’s Missguided Deal
The ultra-fast-fashion firm formed a joint venture with Missguided founder Nitin Passi after acquiring the…
Frasers Now Own More Shares of Asos and Boohoo
Mike Ashley's Frasers will also acquire German sports retailer SportScheck, a deal that gained the support of…
Why Frasers is on a Boohoo Buying Spree
The Missguided owner took a bigger stake in Boohoo as the Kourtney Kardashian collaborator's stock price fell…