RARE ALERT: ASOS said to ... - Part 8

Another week, another increase in Mike Ashley's stake in Asos, the London-listed online clothing retailer.

Today Frasers Group - which Ashley controls as the largest shareholder - announced it now owns almost 10.6pc of Asos, which today also unveiled figures showing a return to profitability. Below is a link to this morning's announcement about the stakebuilding from Frasers: