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Frasers Group further increases stake in Boohoo

Fashion retail giant Frasers Group has once again upped its stake in rival conglomerate Boohoo Group, taking its share in the company from 16.5 percent to 17.2 percent. Mike Ashley’s retail empire had first snapped up a stake in Boohoo during June 2023, and has since continued to up its holding on the group over the course of the year. At the...