Frasers Group, established by Mike Ashley, has acquired a £75m share in AO World. This move is part of a series of strategic deals under the new CEO, Michael Murray,
Asos could potentially be a target for acquisition, but any interested party must consider its largest shareholder
Last year, Asos dismissed a rumoured bid from Trendyol, but as the retailer continues to struggle, other potential buyers may be considering a discounted acquisition. However, they would need to
Retail magnates prepare for competitive struggle over Asos.
In late 2020, when Jenners, Scotland’s most ancient department store, crumbled, both Mike Ashley and Anders Holch Povlsen’s representatives started a blame game.