All Mike Ashley articles
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News
Boohoo calls on shareholders to reject Frasers’ proposals as losses deepen
Boohoo has this evening called on its shareholders to vote against all the proposals set out by Frasers, insisting its existing board can turn the ship around even as its losses deepened in the first half.
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News
Boohoo outlines ‘concerns in relation to Frasers’ behaviour’ as battle continues
Boohoo has written a new letter highlighting “concerns in relation to Frasers’ behaviour” as the two retailers continue their public battle over the company.
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News
Frasers insists on shareholder approval before any Boohoo asset disposals
Frasers has written a new letter to Boohoo demanding the retailer allows shareholders to vote on key decisions including any disposals of Boohoo’s assets.
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News
Mike Ashley lashes out at ‘desperate’ Boohoo over CEO snub
Frasers owner Mike Ashley has hit out at fashion retailer Boohoo, calling its decision to snub his demand to be made CEO in favour of promoting from within “desperate”.
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Analysis
Who is the new Boohoo CEO and is he the right pick to turn the struggling retailer around?
Boohoo has announced the appointment of a new group chief executive officer following the shock departure of John Lyttle just two weeks ago. And no, it’s not Mike Ashley. Is Dan Finley the right man for one of the toughest, and now most controversial jobs in retail?
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News
Boohoo snubs Ashley demand as it names Debenhams boss as new chief executive
Boohoo has snubbed the demands of its largest shareholder by appointing former JD Sports and current Debenhams boss Dan Finley as its new group chief executive.
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Analysis
Shareholder shootout: the key players in the looming battle for control of Boohoo
As the behind the scenes boardroom battle for control of fallen fast fashion giant Boohoo breaks out into the open, Retail Week looks at the major shareholders and how they may decide the fate of the retailer
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Opinion
‘As Mike Ashley steps back into the ring, why is he set on Boohoo for his comeback fight?’
The sector held its breath this morning as one of retail’s last great heavyweights stepped back into the ring. But why now, for Mike Ashley? And, more importantly, why Boohoo? Asks news editor Hugh Radojev
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News
Frasers has urged Boohoo to appoint Mike Ashley as new chief executive
Frasers Group has written an open letter to Boohoo urging them to appoint Frasers founder Mike Ashley as the retailer’s new director and chief executive following John Lyttle’s departure.
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News
Mike Ashley has appointed his daughter as director of UK retail business
Mike Ashley, who founded Frasers Group has promoted his younger daughter as director of his expanding retail empire, The Times has reported.
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News
Mike Ashley sues Newcastle United over football kit row
Mike Ashley is taking legal action against the football club he once owned amid a dispute with its current manager.
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News
Tycoon Ashley becomes Hornby consultant following Frasers investment
Frasers tycoon Mike Ashley is to become a consultant to Hornby following the retailer’s stakebuilding in the model railways specialist.
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News
Mike Ashley eyes deal to bring Matches into Frasers Group
Retail tycoon Mike Ashley is in negotiations about a deal that would see Frasers Group take control of Matches.
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News
Mulberry rebuffs Sports Direct Ashley’s boardroom bid
Luxury fashion brand Mulberry has rejected a bid from Mike Ashley to join its board of directors, as the former Frasers chief executive continues to hoover up stakes in various retailers.
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News
Frasers Group finalises new Mike Ashley role amid acquisition streak
Frasers Group has made a deal with founder Mike Ashley and he has been formally appointed as a consultant to the fashion giant.
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News
Mike Ashley to step away from Frasers at next AGM
Frasers Group has said founder Mike Ashley will not seek re-election as a director at its next annual general meeting and will be stepping away from the business.
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Analysis
It ain’t what you do, it’s the way that you do it – expectations of a modern retail leader
The role of the modern retail chief executive is changing – fast – and it is contributing to a shift at the top of leading companies, in some cases prompting the departure of leaders whose commercial prowess and acumen could barely be faulted.
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News
Updated: Frasers buys Studio Retail out of administration
Mike Ashley’s Frasers Group has bought Studio Retail out of administration for £26.8m, saving 1,500 jobs.
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News
Mike Ashley mulls taking Frasers Group off the stock market
Frasers chief executive Mike Ashley is reportedly preparing to take the company private following a period of strong growth for the group’s brands.
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Analysis
Analysis: The four ways Frasers has turbocharged growth during the pandemic
In its latest set of interim results, both Frasers’ profits and sales outshine those recorded in the pre-pandemic era. Retail Week examines how Frasers has prospered in a difficult trading period.