Posts tagged: Mike Ashley

Where is maverick Mike on Superdry?

Saturday, 3 February 2024, 8:32 am

Hat tip to Isabella Fish of The Times for effectively smoking out Julian Dunkerton's plans to take Superdry private.

Superdry was yesterday forced to confirm Dunkerton's move after Isabella's story about stakebuilding from First Seagull AS, a Norwegian hedge fund. Below is a link to Superdry's confirmation:..

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Betaville Intelligence

RARE ALERT: ASOS said to ... - Part 20

Tuesday, 17 October 2023, 9:36 am

So, Mike Ashley's Frasers Group has upped its stake further in online retailer Asos to 22.8pc whilst also increasing the shareholding in rival digital fashion firm Boohoo to 15.1pc.

The dual stakebuilding does raise questions about whether Ashley, a well-known gambler, is ultimately plotting a bid for both companies.

Little old Betaville, though, assumes one of these stakebuildings could be a head fake.....

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Betaville Intelligence

RARE ALERT: ASOS said to ... - Part 15

Saturday, 26 August 2023, 9:17 am

Little old Betaville suspects it won't be too long now before Mike Ashley's Frasers Group becomes the largest shareholder in ASOS.

That's because yesterday Frasers Group disclosed once again that it had been accumulating more stock in the London-listed online fashion retailer.

According to regulatory filings, Frasers Group now owns 19.3pc of ASOS. Below is the link to yesterday's announcement:..

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Betaville Intelligence

RARE ALERT: ASOS said to ... - Part 13

Friday, 18 August 2023, 5:47 pm

There was a paragraph that stood out in today's The Times market report written by Dominic "Dom" Walsh.

"The latest whisper is that Frasers Group, the second biggest shareholder in the online fashion house with a 17 per cent stake, is trying to find a block of shares with the aim of becoming the biggest shareholder and getting a seat in the boardroom. Talk that Mike Ashley could bid refuses to go away"...

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