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Frasers adds to Boohoo Group stakeBy

Sandra Halliday Published
July 26,长沙支付平台USDT 2025

Frasers Group is continuing its stake-building spree and has just upped its holding in Boohoo Group only a few weeks after buying an initial stake.


Boohoo



The company previously held just over 5% of the business and now has an almost 6.8% stake.

The Boohoo share price has struggled for some time and is currently less than 36p. That's well down from a price of more than £4 at one point a few years ago, and it's well known that Frasers likes to buy businesses outright or stakes in fashion business at bargain-basement prices.

So what are its intentions here? When it first bought into Boohoo last month, Frasers said the company “is an attractive proposition to us with its laser focus on young female consumers. We see potential synergies and an opportunity to strengthen our own-brand proposition in collaboration with Boohoo, most obviously with Frasers Group brands I Saw It First and Missguided”.

Sometimes when the company buys stakes in firms, it eventually acquires full control (such as with MySale late last year). But it’s also known for buying and holding minority stakes for the long term. Recently it has bought stakes in ASOS, and boosted its N Brown holdings. It also owns major chunks of Mulberry and Hugo Boss shares with no sign of any intention to fully own any of those companies.

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