Ashley’s Frasers Boosts Position in UK Luxury Brand Burberry
Frasers Group Plc increased its stake in Burberry Group Plc, putting it on track to be the brand’s biggest investor in billionaire Mike Ashley’s latest bet on a rival.
By Jillian Deutsch · Bloomberg Markets
Frasers Group Plc increased its stake in Burberry Group Plc, putting it on track to be the brand’s biggest investor in billionaire Mike Ashley’s latest bet on a rival.