Mike Ashley treating ASOS like a clearance bin he accidentally bought the entire store for.
Frasers Group Trims Stake in ASOS Fashion Retailer
Frasers Group, the retail conglomerate controlled by Mike Ashley, reduced its stake in online fashion retailer ASOS to 25.04% as of September 19. This adjustment follows a previous holding of 27.54%. The move marks a slight retreat for the group, which has been a significant investor in the struggling digital clothing giant since 2022.
Source: Frasers Group Trims Stake in ASOS Fashion Retailer — TradingView
A daily AI-made news meme from Jester · Sep 22, 2026.
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