Frasers lifts stake in Boohoo to over 20%
(Sharecast News) - Mike Ashley's Frasers Group lifted its stake in Boohoo again on Thursday, to more than 20%.
Read moreMon, 27th Jul 2020 13:24
(Sharecast News) - Mike Ashley's Frasers Group lifted its stake in Boohoo again on Thursday, to more than 20%.
Read moreboohoo Group PLC - Manchester-based online fashion retailer - Frasers Group PLC raises its share holding in boohoo to 21.5% as of Wednesday from 17.2%. Frasers is the Shirebrook, England-based owner of the House of Fraser, Sports Direct and Flannels retail chains. Its holding in its smaller peer first passed the disclosure threshold of 5% in June last year, and it has increased this steadily since. Frasers, founded and still controlled by Mike Ashley, also has stakes in retailers AO World PLC at 23.1%, Asos PLC at 25.0%, and Currys PLC at 11.2%.
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(Sharecast News) - Fast fashion retailer Boohoo has been accused of claiming clothes were made in the UK when they were actually made overseas, it was reported on Thursday.
Read more(Alliance News) - Stocks in London are tipped for a strong start on Thursday, as global equity markets benefit from optimism ahead of the US inflation print later in the day.
Read more(Alliance News) - Retailer boohoo Group PLC has been found to have mislabelled items of clothing made in South Asia as "Made in the UK", according to a BBC investigation.
Read more(Sharecast News) - Fast fashion retailer Boohoo is considering closing its controversial Thurmaston Lane factory in Leicester and relocating its operations.
Read more(Alliance News) - Revolution Beauty Group PLC on Wednesday announced the resignation of Chief Financial Officer Elizabeth Lake and the resolution of its legal dispute with Tom Allsworth.
Read more(Sharecast News) - The long-running saga at cosmetics company Revolution Beauty Group took a new turn on Wednesday when major shareholder Boohoo got its wish with the departure of finance boss Elizabeth Lake.
Read more(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.
Read more(Sharecast News) - Mike Ashley's Frasers Group has increased its stake in the online fast fashion retailer Boohoo Group, it announced on Monday.
Read more(Sharecast News) - Online fashion retailer Boohoo responded to scrutiny over how it treats suppliers on Monday afternoon after a BBC investigation revealed allegations of staff pressuring suppliers to reduce prices, even after agreements had been reached.
Read more(Alliance News) - boohoo Group PLC has broken promises to make its clothes fairly and allegedly pressured suppliers to drive prices down, according to reports.
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