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Mike Ashley

Frasers Group Confirms Plans for CEO Mike Ashley to Step Down

Michael Murray is set to replace Ashley from May 2022.

Mulberry Expects to Post a Profit in Fiscal 2021

The British brand said digital and Asia sales will help deliver a "small, underlying profit" before tax in…

JD Sports Digs Deeper Into U.S. Sports Market, Buying DTLR Villa

In December, the British retailer bought the San Jose, Calif.-based Shoe Palace.

Mike Ashley Walks Away From Mulberry, for Now

Ashley has the right to launch a takeover of Mulberry in 2021, if a third party steps forward or the…

JD Sports Snaps Up California Streetwear Retailer Shoe Palace

The British owner of Finish Line and JD said the $325 million purchase will "significantly" increase its…

China, Korea and Digital Channels Help to Buoy Mulberry in First Half

Mulberry is returning to growth, with the Asia-Pacific region and digital channels both notching double-digit…

Frasers Raises Mulberry Stake, Now Has to Make an Offer — or Walk

The U.K. Takeover Panel has given Mike Ashley's group a deadline of Dec. 17 to decide whether or not it wants…

Mike Ashley’s Frasers Group Ups Stake in Mulberry

Ashley now owns almost one-third of Mulberry, and if he wants to increase his stake further, he'll have to…

Mike Ashley Takes Stake in Mulberry Group

The controversial Ashley founded Sports Direct and owns the House of Fraser retail chain.

Sports Direct Buys Jack Wills in Distress Sale

The sporting goods retailer owned by Mike Ashley has bought yet another troubled retailer.

In Britain, the Rich Don’t Always Get Richer

Sir Philip Green has lost his billionaire status, while François-Henri Pinault and Salma Hayek have seen…

Sergio Bucher Steps Down as Debenhams CEO After Refinancing

A search for his successor has begun, and that person will likely be a turnaround expert.

Debenhams Files for Administration After Rejecting Mike Ashley’s Takeover Deal

Shareholders' stakes have been wiped out and the company has suspended trading, but commercial operations are…

Two Investors Kick Chairman, CEO Off Debenhams’ Board

Chairman Ian Cheshire has now left the company, while ceo Sergio Bucher remains, despite the demotion.

After Years of Drama, Stephen Marks Looks to Sell French Connection

The board has appointed Numis Securities Ltd. as financial adviser.