Mike Ashley

Mulberry's Made to Last campaign

Financial

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 the 12 months ended March 27.

clock April 28, 2021Samantha Conti

The Adidas and JD Sports fall 2017 EQT campaign featuring Stormzy and Hailey Baldwin

Mergers and Acquisitions

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.

clock February 1, 2021Samantha Conti

Mulberry Presentation RTW Fall 2020, photographed in London on 14 February 2020

Business Features

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 company’s owners seek to buy it outright.

clock December 17, 2020Samantha Conti

JD Sports financials. File photo dated 29/5/2018 of a branch of JD Sports on Oxford Street, central London. JD Sports has posted record results despite the UK's high street crisis, as the sports retailer looks abroad for further growth opportunities. Issue date: Tuesday April 16, 2019. The group reported a 49.2% increase in annual revenue to '4.7 billion for the 52 weeks to February 2, coming in at the higher end of market expectations. See PA story CITY JDSports. Photo credit should read: Yui Mok/PA Wire URN:42358267 (Press Association via AP Images)

Financial

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 footprint on the U.S. West Coast.

clock December 15, 2020Samantha Conti

Mulberry Presentation RTW Fall 2020, photographed in London on 14 February 2020

Business Features

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 growth in the first half and into the current period.

clock November 26, 2020Samantha Conti

Mulberry Presentation RTW Fall 2020, photographed in London on 14 February 2020

Financial

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 to buy Mulberry, which is majority owned by Christina Ong.

clock November 19, 2020Samantha Conti

The new Mulberry Portobello tote

Financial

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 make an offer for the company.

clock November 6, 2020Samantha Conti

The new Mulberry Portobello tote

Financial

Mike Ashley Takes Stake in Mulberry Group

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

clock February 3, 2020Samantha Conti

Jack Wills' AW16 collection

Financial

Sports Direct Buys Jack Wills in Distress Sale

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

clock August 5, 2019Samantha Conti

Cara DelevingneCostume Institute Benefit celebrating the opening of Camp: Notes on Fashion, Arrivals, The Metropolitan Museum of Art, New York, USA - 06 May 2019Wearing Dior Same Outfit as catwalk model *10068365x

Business Features

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 their fortune rise, according to The Sunday Times Rich List 2019.

clock May 12, 2019Samantha Conti

Sergio Bucher, Thea Bregazzi and Justin Thornton'Studio by Preen' launch, London, UK - 04 Apr 2018

Human Resources

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.

clock April 18, 2019Samantha Conti

Debenhams store

Retail

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 still running. 

clock April 9, 2019Natalie Theodosi and Fiona Ma

Sergio Bucher, Thea Bregazzi and Justin Thornton'Studio by Preen' launch, London, UK - 04 Apr 2018

Human Resources

Two Investors Kick Chairman, CEO Off Debenhams’ Board

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

clock January 10, 2019Samantha Conti

French Connection's dress; The Kooples shoes.

Business Features

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

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

clock October 7, 2018Samantha Conti

House of Fraser's flagship store on Oxford Street in London

Retail

Mulberry’s Plunge Captures Uncertainty as House of Fraser Drama Unfurls

New owner Mike Ashley is faced with mounting debt and the industry wonders how he will repair relationships.

clock August 20, 2018Fiona Ma

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Essentialist

Today's Must Read

Tiscar Espadas, men's spring 2022

Men's

Brands to Watch at Milan Men's Fashion Week for Spring 2022

clock June 17, 2021Alessandra Turra and Sandra Salibian

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