All Mike Ashley articles
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News
Mike Ashley sues Newcastle United over football kit row
Mike Ashley is taking legal action against the football club he once owned amid a dispute with its current manager.
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Tycoon Ashley becomes Hornby consultant following Frasers investment
Frasers tycoon Mike Ashley is to become a consultant to Hornby following the retailer’s stakebuilding in the model railways specialist.
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Mike Ashley eyes deal to bring Matches into Frasers Group
Retail tycoon Mike Ashley is in negotiations about a deal that would see Frasers Group take control of Matches.
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Mulberry rebuffs Sports Direct Ashley’s boardroom bid
Luxury fashion brand Mulberry has rejected a bid from Mike Ashley to join its board of directors, as the former Frasers chief executive continues to hoover up stakes in various retailers.
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Frasers Group finalises new Mike Ashley role amid acquisition streak
Frasers Group has made a deal with founder Mike Ashley and he has been formally appointed as a consultant to the fashion giant.
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Mike Ashley to step away from Frasers at next AGM
Frasers Group has said founder Mike Ashley will not seek re-election as a director at its next annual general meeting and will be stepping away from the business.
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Analysis
It ain’t what you do, it’s the way that you do it – expectations of a modern retail leader
The role of the modern retail chief executive is changing – fast – and it is contributing to a shift at the top of leading companies, in some cases prompting the departure of leaders whose commercial prowess and acumen could barely be faulted.
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Updated: Frasers buys Studio Retail out of administration
Mike Ashley’s Frasers Group has bought Studio Retail out of administration for £26.8m, saving 1,500 jobs.
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Mike Ashley mulls taking Frasers Group off the stock market
Frasers chief executive Mike Ashley is reportedly preparing to take the company private following a period of strong growth for the group’s brands.
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Analysis
Analysis: The four ways Frasers has turbocharged growth during the pandemic
In its latest set of interim results, both Frasers’ profits and sales outshine those recorded in the pre-pandemic era. Retail Week examines how Frasers has prospered in a difficult trading period.
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Analysis
In the founder's footsteps: setting the direction when the trailblazer steps aside
Many retail businesses are intrinsically linked to and even defined by their founders, but what happens when it comes time for that person to stand aside? Retail Week looks at past successes and failures and what needs to be put in place to ensure the process goes smoothly.
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Incoming Frasers boss Murray in line for potential £100m bonus
Incoming Frasers chief executive Michael Murray could pocket up to £100m in bonuses if he more than doubles the group’s share price.
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Analysis
Michael Murray: The man Mike Ashley is entrusting with the future of Frasers
Who is the man Sports Direct founder Mike Ashley has appointed as his successor and can he turn around the retailer’s fortunes?
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Mike Ashley to step down as Frasers boss as profits tumble
Retail tycoon Mike Ashley has confirmed his intention to pass the mantle of chief executive to Michael Murray in the next financial year.
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Tycoon Ashley’s former lieutenant takes top role at Revolution Beauty
Dave Forsey, Frasers tycoon Mike Ashley’s former right-hand man, has re-emerged as managing director of Revolution Beauty.
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Mike Ashley’s Frasers swoops in with late rescue bid for Debenhams
Frasers Group has made a last-minute rescue bid for ailing department store chain Debenhams, with owner Mike Ashley vowing to save as many jobs as possible.
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Ashley offers Arcadia a lifeline as Cowgill backs away from Debenhams deal
The imminent collapse of Sir Philip Green’s Arcadia empire has prompted a domino effect in the high street, with JD Sports’ rescue bid for Debenhams now in jeopardy.
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Mike Ashley hits out at Debenhams as liquidator waits in wings
Mike Ashley has raged after allegedly being excluded from the race to buy Debenhams as restructuring firm Hilco prepares to liquidate parts of the business.
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Frasers Group considers mothballing Bob’s Stores chain after Nike severs ties
Frasers Group has launched a strategic review of its Bob’s Stores chain in the US after Nike revealed it will stop supplying product to the business.
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Frasers Group blames profit slump on Brexit and coronavirus
Mike Ashley’s Frasers Group reported a slump in profits that it blamed on a prolonged period of Brexit uncertainty followed immediately by the coronavirus crisis.