Mike Ashley pumps further £4m into Boohoo amid market turmoil at fast fashion giant

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Mike Ashley pumps further £4m into Boohoo amid market turmoil at fast fashion giant
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Frasers founder has grown his stake at clothing retailer to 7.8 per cent from initial investment in June

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Mike Ashley, one of the biggest names in British high street retail, has continued to build his stake in Boohoo, the fast-fashion company run by Offaly man John Lyttle.

Ashley’s Frasers Group has now pushed its stake to 7.8 per cent, having bought 13 million shares at a price of around £4.5 million. The Fraser Group bought an initial stake in the company in June for £22 million , when the shares were worth ...

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Mike Ashley pumps further £4m into Boohoo amid market turmoil at fast fashion giantMike Ashley pumps further £4m into Boohoo amid market turmoil at fast fashion giantFrasers founder has grown his stake at clothing retailer to 7.8 per cent from initial investment in June
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