Frasers Group lifts stakes in Boohoo, Asos
Mike Ashley’s Frasers Group went on a shopping spree on Wednesday, picking up more shares in both Boohoo and Asos.
ASOS
344.00p
16:49 26/04/24
0.17%
0.60p
Boohoo Group
34.20p
16:49 26/04/24
0.53%
0.18p
Frasers Group
796.00p
16:40 26/04/24
0.70%
5.50p
FTSE 100
8,139.83
17:09 26/04/24
n/a
n/a
FTSE 350
4,470.09
16:59 26/04/24
n/a
n/a
FTSE AIM 100
3,637.40
17:14 26/04/24
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FTSE AIM All-Share
755.28
17:14 26/04/24
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FTSE All-Share
4,423.59
17:14 26/04/24
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FTSE Small Cap
6,484.28
16:59 26/04/24
n/a
n/a
General Retailers
3,910.25
16:59 26/04/24
-0.13%
-5.27
The company - which owns Sports Direct, House of Fraser, Flannels, Evans Cycles and Jack Wills, among others - lifted its stake in Boohoo to 16.5% from 15.1%.
It bumped up its stake in online fashion retailer Asos, to 12.6% from 10.7%.
Frasers has also built stakes in AO World, Currys, N Brown, Hugo Boss and Mulberry.