​Animal rights group Peta buys stake in Frasers Group

House of Fraser Cardiff

The animal rights group Peta has bought a stake in Mike Ashley’s Frasers Group, allowing activists to attend the retailer’s annual investors meeting in September.

Ashley faces pressure from People for the Ethical Treatment of Animals (Peta) after department store House of Fraser restarted selling real fur coats.

The animal rights activists bought one share in the retail group, which will allow them to attend Frasers’ investors meeting.

Peta can then challenge Ashley and the management team on their stance on selling fur.

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