Mike Ashley, British retailer Frasers' founder and biggest shareholder, will likely step down as chief executive next year and be succeeded by Michael Murray, the group's "head of elevation", it said on Thursday.
Search results
Refine search Content type
158 published items with the word (s) or phrase Mike Ashley in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
-
![]( "Mike Ashley set to step down as Frasers CEO next year")
Mike Ashley set to step down as Frasers CEO next year -
![]( "Frasers Group sells 25% French Connection stake")
Frasers Group sells 25% French Connection stakeFrasers Group took advantage of a rising share price last week to sell its entire stake in struggling French Connection. The company had a stake adding up to a 24.93% holding in the firm prior to the sale.
-
![]( "Mike Ashley's Frasers ups stake in Hugo Boss to over 15%")
Mike Ashley's Frasers ups stake in Hugo Boss to over 15%Frasers said on Tuesday it has increased its stake in German luxury fashion house Hugo Boss to 15.2% through stocks and derivatives, part of Ashley's ongoing drive to take the British sportswear retailer upmarket.
-
![]( "Frasers won't be buying Mulberry...for now")
Frasers won't be buying Mulberry...for nowFrasers Group may have built up a big stake in luxury leathergoods business Mulberry, but it won’t be making a bid for the firm, even though it had earlier confirmed that it was considering the move.
-
![]( "Authentic Brands 'eyes Arcadia, Debenhams', but can Ashley get in first?")
Authentic Brands 'eyes Arcadia, Debenhams', but can Ashley get in first?Frasers Group was reportedly racing to try to do a deal on Debenhams at the weekend, but reports also suggested that US-based Barneys owner Authentic Brands has both Debenhams and Arcadia in its sights.
-
![]( "Harking back to childhood, Britons mourn the decline of their high street")
Harking back to childhood, Britons mourn the decline of their high streetShoppers have shunned physical stores to avoid catching Covid-19, and accelerated a shift to online shopping that was underway before the pandemic. The effects are being felt throughout Britain's high streets.
-
![]( "Frasers confirms Debenhams interest, but no deal guaranteed")
Frasers confirms Debenhams interest, but no deal guaranteedMike Ashley's Frasers Group confirmed on Monday that it’s interested in buying Debenhams even though the auction for the Department store chain has already ended and the chain is expected to close completely by March.
-
![]( "Frasers' Mike Ashley 'makes last-minute bid' for Debenhams")
Frasers' Mike Ashley 'makes last-minute bid' for DebenhamsDebenhams may be preparing to go out of business, but Mike Ashley – who has coveted the department stores chain for years – still sees a chance he could win it and has made a last-minute approach to its advisers.
-
![]( "Arcadia's brands 'lose half their value' in under a year")
Arcadia's brands 'lose half their value' in under a yearArcadia’s brands were estimated to have a total value of £800 million back in January but that has more-than-halved today as its administrators seek buyers for the various assets.
-
![]( "Frasers confirms Arcadia interest, loan offer is declined")
Frasers confirms Arcadia interest, loan offer is declinedFrasers Group has confirmed that it would be interested in buying some or all of Arcadia's brands if the struggling business enters administration as expected.