Frasers snaps up stake in fashion marketplace MySale


Frasers has bought a 28.7% stake in Australia-based fashion marketplace MySale, which it said would help it clear end-of-line stock.

Frasers, which owns Sports Direct as well as eponymous department stores, said the deal “creates an opportunity for a strategic partnership whereby end-of-line group products can be cleared via an established clearance channel”.

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