Frasers abandons its £111m takeover bid for luxury brand Mulberry, citing lack of board engagement.Mulberry’s board rejects Frasers’ improved 150p-per-share offer, prioritizing business performance.Frasers demands a…
Browsing: Frasers Group
Mike Ashley, with a 27% stake in Boohoo, demands to be CEO amid a leadership crisis.Frasers Group calls for immediate action, nominating Ashley and Mike Lennon…
Frasers Group has decided not to pursue the acquisition of Mulberry, ending weeks of ongoing speculation within the industry.Concerns over governance and leadership at Mulberry contributed…
Frasers Group has retracted its bid to acquire the remaining shares of Mulberry due to governance issues.The decision follows Mulberry’s board’s unanimous rejection of Frasers’ revised…
Mulberry has declined the second takeover proposal from Frasers Group, led by Sports Direct owner, Mr. Mike Ashley.Mulberry’s majority owner, Challice, stated it will not sell…
Mulberry has decided to reject the increased takeover bid from Frasers Group, emphasizing its commitment to future growth.The luxury handbag retailer finds the proposition untenable after…
The proposed buyout of N Brown by Very Group signals a monumental shift in the ecommerce landscape.Very Group made a takeover proposal just before N Brown’s…
Frasers Group has recently confirmed important developments regarding its investments in N Brown and Mulberry, signaling strategic shifts in the fashion industry.The group announced support for…
Frasers Group’s recent maneuvers reveal its strategic aspirations within the luxury retail sector.The group has endorsed the Alliance family’s acquisition of N Brown Group, enhancing its…
This week, significant leadership movements occurred in the fashion retail industry involving major brands like Footasylum, Frasers Group, and Fendi.Footasylum has strengthened its leadership by appointing…