Frasers Group recently invested over £75m to become AO's largest shareholder
Frasers Group, which owns brands such as Sports Direct and House of Frasers, has become one of the largest single shareholders in the Manchester-headquartered giant.
It also bought Manchester-based I Saw It First while it has been building a sizeable stake in fashion group N Brown, which is also headquartered in the city. Co-founder Mahmud Kamani remains the largest shareholder while other investors include Camelot Capital Partners, T. Rowe Price International, FIL Investment Advisors and Norges Bank Investment Management.
In May, BusinessLive reported that Boohoo lost more than £90m during its latest financial year as the cost-of-living crisis squeezed shoppers.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ashley Roberts shows off hair transformation on night out with Strictly starsPUSSYCAT Dolls star Ashley Roberts has shown off her stunning new hair after a visit to a celebrity salon. The gorgeous 41-year-old took to social media over the weekend to wow her legion of fans w…
Lire la suite »
Mike Dailly: Community-based advice agencies essential to avert homeless surgeHOMELESSNESS, food poverty, energy poverty and over-indebtedness were some of the challenges facing financially vulnerable people discussed at last…
Lire la suite »
A confident, relaxed introduction for new GM Mike DunleavyManaging the final stages of Stephen Curry’s prime and the next steps for Draymond, Klay Thompson and the rest won’t be easy. But, New Warriors GM Mike Dunleavy got off to a nice start, making a confident and relaxed introduction.
Lire la suite »
For Giants' Mike Yastrzemski, Father's Day reflections encompass four generationsWhen Mike Yastrzemski suits up for the Giants on Father’s Day, he'll think of the family name he proudly represents. Yastrzemski talked to extrabaggs about the challenges his late father, Carl Michael, faced growing up as the son of baseball royalty.
Lire la suite »
Zara and Mike's down-to-earth parenting – as daughter Lena celebrates milestoneEXCLUSIVE: As their daughter Lena Tindall marks her fifth birthday today, royal expert Jennie Bond has spoken about Zara and Mike Tindall's fun and down-to-earth parenting style
Lire la suite »