CFOs Take Center Stage at Global Fashion Summit
Mike Ashley
JD Sports Snaps Up California Streetwear Retailer Shoe Palace
The British owner of Finish Line and JD said the $325 million purchase will "significantly" increase its…
China, Korea and Digital Channels Help to Buoy Mulberry in First Half
Mulberry is returning to growth, with the Asia-Pacific region and digital channels both notching double-digit…
Frasers Group Raises Stake in Mulberry, Reserves Takeover Option
Frasers Group's Mike Ashley has until Dec. 17 to decide whether to make a takeover offer for British luxury…
Frasers Raises Mulberry Stake, Now Has to Make an Offer — or Walk
The U.K. Takeover Panel has given Mike Ashley's group a deadline of Dec. 17 to decide whether or not it wants…
Mike Ashley’s Frasers Group Ups Stake in Mulberry
Ashley now owns almost one-third of Mulberry, and if he wants to increase his stake further, he'll have to…
Edinburgh Woollen Mill Gets 10-Day Extension to Cobble Rescue Package
The extension will give the company more time to line up a suitor to avoid a total collapse into…
Mike Ashley Takes Stake in Mulberry Group
The controversial Ashley founded Sports Direct and owns the House of Fraser retail chain.
Sports Direct Buys Jack Wills in Distress Sale
The sporting goods retailer owned by Mike Ashley has bought yet another troubled retailer.
In Britain, the Rich Don’t Always Get Richer
Sir Philip Green has lost his billionaire status, while François-Henri Pinault and Salma Hayek have seen…
Sergio Bucher Steps Down as Debenhams CEO After Refinancing
A search for his successor has begun, and that person will likely be a turnaround expert.
Debenhams Files for Administration After Rejecting Mike Ashley’s Takeover Deal
Shareholders' stakes have been wiped out and the company has suspended trading, but commercial operations are…
Mike Ashley Weighs Offer Valuing Debenhams at $81 Million
Billionaire Mike Ashley is considering an offer that would value troubled U.K. department-store chain…
Debenhams Board Ousters Linked to Anemic Holiday Sales
The board of directors at British retailer Debenhams voted to remove its chairman after a disappointing…
Two Investors Kick Chairman, CEO Off Debenhams’ Board
Chairman Ian Cheshire has now left the company, while ceo Sergio Bucher remains, despite the demotion.
Billionaire Mike Ashley Says He’s Got a Plan to Save UK Retail
Mike Ashley, the billionaire CEO of Sports Direct International Plc, told Parliament he has an idea to save…