Mike Ashley’s Frasers circles Burberry in latest luxury swoop
2 sources·Updated July 30, 2026
Covered by 2 sources
- Bloomberg Opinion·2h agoBritish Billionaire Mike Ashley Is Making a Brave Bet on Cheap Luxury
Retail billionaire Mike Ashley has just checked into Burberry Group Plc, the 170-year-old British clothing company famed for its trench coats and distinctive patterned details.
Read at Bloomberg Opinion → - City A.M.·20h agoMike Ashley’s Frasers circles Burberry in latest luxury swoop
Mike Ashley’s Frasers Group is eyeing up a holding in Burberry as its latest push into luxury fashion. Frasers has revealed that it holds the rights to a 4.2 per cent stake in the British fashion house, which would make Ashley’s group one of its biggest shareholders. The…
Read at City A.M. →
