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Mike Ashley’s Frasers buys 5.1% stake in ASOS

By:
Reuters
Published: Oct 24, 2022, 09:06 GMT+00:00

(Reuters) - Mike Ashley's Frasers Group has bought a 5.1% stake in fashion retailer Asos Plc, the sportswear and fashion retail group said in a filing on Monday.

Smartphone with an ASOS app and a keyboard are seen in front of a displayed ASOS logo in this illustration picture

(Reuters) – Mike Ashley’s Frasers Group has bought a 5.1% stake in fashion retailer Asos Plc, the sportswear and fashion retail group said in a filing on Monday.

(Reporting by Radhika Anilkumar and Sinchita Mitra in Bengaluru; Editing by Shailesh Kuber)

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