Sports Direct owner looks to up 37% stake to 100% amid concerns for future of cash-strapped fashion firm• Business live – latest updatesMike Ashley’s Frasers Group has filed a possible £83m offer to buy the luxury brand Mulberry as it expressed concerns about the future of the British handbag maker.Frasers – the owner of Sports Direct, Evans Cycles, the House of Fraser department stores, the luxury streetwear chain Flannels and multiple brands from Slazenger to Jack Wills – already owns a 37% stake in Mulberry. Continue reading…
Sports Direct owner looks to up 37% stake to 100% amid concerns for future of cash-strapped fashion firm
• Business live – latest updates
Mike Ashley’s Frasers Group has filed a possible £83m offer to buy the luxury brand Mulberry as it expressed concerns about the future of the British handbag maker.
Frasers – the owner of Sports Direct, Evans Cycles, the House of Fraser department stores, the luxury streetwear chain Flannels and multiple brands from Slazenger to Jack Wills – already owns a 37% stake in Mulberry.