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Sandra Halliday Published
August 31,飞机盗号软件企业版 2025
Frasers Group’s stake-building in key retail businesses is showing no signs of coming to an end. On Thursday it was revealed that its stake in Boohoo Group is now approaching 10%.
In fact it owns 9.1% of the shares in the online group, up from a previous position of 7.8%.
Frasers is known to have a strong eye for a bargain and with the Boohoo share price having just hit a fresh yearly low on the back of news about weak UK retail sales, it’s no surprise that Frasers has been actively buying again.
The retail giant has previously said that its stake in Boohoo is in line with its strategy of building “supportive” positions in “attractive” companies.
It has also been building its stake in Boohoo rival ASOS and holds major chunks of upscale businesses Hugo Boss and Mulberry as well as electricals retailers Currys and AO World.
The Boohoo share price opened at just over 33p on Thursday, valuing the entire company at less that £421 million.