British retailer Frasers buys stakes in Mulberry Group

Retail tycoon Frasers bags stakes in luxury leather goods company, Mulberry Group. Frasers, the British sportswear retailer controlled by Mike Ashley recently bought a 12.5% stake in British luxury bag maker Mulberry. This move marks an initiative by the billionaire to push his retail empire upmarket.  The Fraser Group announced the investment on Monday in…

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