British retail giant Frasers Group has acquired a majority stake in Miami-based luxury multi-brand retailer The Webster, marking a significant step in the group’s continued expansion across the global luxury sector.
Tag: Frasers Group
On October 13, the major shareholder of the British luxury brand Mulberry, operated by the Mulberry Group, issued a statement declaring that it has no intention of selling its shares in response to Frasers Group’s takeover proposal.
On July 10, Frasers Group, the UK’s largest sporting goods retailer, announced that it has expanded its investment in German-born fashion brand Hugo Boss.
Frasers Group, led by Mike Ashley, has acquired the popular British fashion brand Ted Baker and is looking to steer it as a new partner.