{"id":10227,"date":"2023-08-26T02:29:14","date_gmt":"2023-08-26T02:29:14","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/frasers-group-tops-up-asos-stake-to-nearly-20\/"},"modified":"2023-08-26T02:29:14","modified_gmt":"2023-08-26T02:29:14","slug":"frasers-group-tops-up-asos-stake-to-nearly-20","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/frasers-group-tops-up-asos-stake-to-nearly-20\/","title":{"rendered":"Frasers Group tops up Asos stake to nearly 20%"},"content":{"rendered":"<p> <p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/>\n<\/p>\n<div id=\"post-143454\">\n<div class=\"td-post-content tagdiv-type\">\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"392\" class=\"entry-thumb\" src=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2023\/02\/asos_3-1-696x392.jpg\" srcset=\"https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2023\/02\/asos_3-1-696x392.jpg 696w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2023\/02\/asos_3-1-300x169.jpg 300w, https:\/\/www.retailgazette.co.uk\/wp-content\/uploads\/2023\/02\/asos_3-1.jpg 700w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" alt=\"Frasers Group ups stake in Asos\" title=\"asos_3 (1)\"\/><\/div>\n<p>Frasers Group has upped its stake in Asos once again, taking a near 20% holding in the fashion business.<\/p>\n<p>Mike Ashley\u2019s empire increased its shares in the online retailer from 18% to 19.3% on Friday as it continues its investment spree.<\/p>\n<p>In addition to Asos, the retail group also upped its stake in Boohoo Group to 7.8% in July.<\/p>\n<hr\/>\n<h5 style=\"text-align: center;\"><strong>Subscribe to Retail Gazette for free<\/strong><\/h5>\n<p style=\"text-align: center;\"><span class=\"x_al\">Sign up\u00a0here\u00a0to g<\/span><span class=\"x_al\">et the latest news straight into your inbox each morning<\/span><strong><span class=\"al\">\u00a0<\/span><\/strong><\/p>\n<hr\/>\n<p>Frasers Group also holds a 22.2% stake in AO World forming a \u201cstrategic partnership\u201d and has assumed an 11.1% in Currys.<\/p>\n<p>The group said in June that \u201cdriving growth through strategic investments [was] a core part of Frasers\u2019 DNA\u201d.<\/p>\n<p>\u201cUnder Michael Murray\u2019s leadership, we continue to build on our long track record of establishing supportive shareholder positions in attractive retail companies.<\/p>\n<p><em><strong>Click here to sign up to Retail Gazette\u2018s free daily email newsletter<\/strong><\/em><\/p>\n<\/p><\/div>\n<footer>\n<\/footer>\n<\/div>\n<p><p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Frasers Group has upped its stake in Asos once again, taking a near 20% holding in the fashion business. Mike Ashley\u2019s empire increased its shares [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-10227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/10227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=10227"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/10227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media\/10228"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=10227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=10227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=10227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}