Ashley Benson dresses up as a vampire while heading out to celebrate Halloween weekend with her fiance Brandon Davis on Saturday (October 28) in Los Angeles.
09.10.2023 - 09:53 / manchestereveningnews.co.uk
Mike Ashley's retail empire has become the largest single shareholder in Manchester-headquartered fashion giant Boohoo.
Frasers Group, whose brands include the likes of Sports Direct, House of Fraser and Jack Wills, now has more shares in the listed company than co-founder Mahumd Kamani. New filings with the London Stock Exchange show that the group has a holding of 13.4 per cent, up from 10.4 per cent..
Mr Kamani, who set up Boohoo alongside Carol Kane in 2006, has a 12.5 per cent stake in the business. Frasers Group first invested in Boohoo earlier this year and has been steadily increasing its stake ever since.
READ MORE: Click here to sign up to the BusinessLive North West newsletter
READ MORE: Inside the iconic Rylands building as former Debenhams store prepares for transformation
Other major shareholders in Boohoo include Norges Bank, Camelot Capital Partners, Ocorain and Jupiter Asset Management. The group has been a public company since floating on the London Stock Exchange in March 2014.
The latest move from Frasers Group comes after Boohoo's shares dropped to their lowest value since the summer of 2015 after the publication of its half-year results. Boohoo announced its pre-tax losses had widened during the first half of its financial year.
The group posted pre-tax losses of £26.4m for the six months to the end of August 2023, compared to losses of £15.2m during the same period in 2022. Boohoo's revenue also fell from £882.4m to £729.1m over the same time.
In a statement issued to the London Stock Exchange, the group has also identified more than £125m of annualised savings across the costs of goods, its supply chain and overheads. The group added that it now expects its full-year revenue to fall
Ashley Benson dresses up as a vampire while heading out to celebrate Halloween weekend with her fiance Brandon Davis on Saturday (October 28) in Los Angeles.
Three of the Cullen siblings reunited, and Twilight fans around the world are loving it!
Mike Caussin is back on the Whine Down podcast with Jana Kramer for the first time since their split in April 2021! Did anyone see this coming?!
Rylan Clark is said to be making a return to This Morning next week to present the show alongside Josie Gibson. ITV This Morning bosses are thought to be scrambling to find a permanent replacement for Holly Willoughby, 42, who sensationally left the show on October 10. According to MailOnline, Rylan, 35, who previously presented BBC's Strictly: It Takes Two, will be back on the famous sofa next week for holiday cover, where he will present from Sunday to Thursday.This Morning bosses are said to be 'thrilled' that Rylan is making a return to the show.
A Magnificant Seven blockbuster night is taking place in Manchester this November to showcase seven huge title fights.
The mother of one of the men accused of the murder of Ashley Dale cried in court after being accused of telling a 'pack of lies.' Joseph Peers, 29, is alleged by prosecutors to have been the driver in the killing of environmental health officer Ashley.
Jana Kramer is taking a look back at her messy relationship with ex-husband Mike Caussin, and this particular memory is… well, it’s certainly one of the worst we’ve heard her reveal.
The Government will speak to the Metropolitan Police about its decision not to act over a video showing protesters chanting “Jihad” on the streets of London.
Former NFL tight end Rob Gronkowski is the new host of the L.A. Bowl, it was announced Saturday. He replaces Jimmy Kimmel, who served since the bowl game’s inception.
Tyson Fury has been warned that Francis Ngannou could shock the world.
Police stumbled on the car used during the shooting of Ashley Dale by chance after being called to a domestic incident, a trial has heard.
Police officers found Ashley Dale's dog 'cowering in the corner' after she was shot dead in her own home, a trial has heard.
Holly Willoughby fans across the nation were left heartbroken yesterday after she revealed that she'd be stepping down from her role at This Morning with immediate effect.The 42 year old took to Instagram to share the news, and released a heartfelt statement thanking the show and all who works on it. Plus, the "wonderful viewers," who she labelled as "loyal," "supportive" and "the very best of company everyday." Holly first joined the iconic ITV show back in 2009, and over the last 14 years has cemented herself as a national treasure, not to mention a presenting legend.
Hold onto your glitz and glam, Hollywood fanatics, because AI is making waves, and Tinseltown will never be the same! Megavrse has taken the reins, launching daily celebrity updates on Fame.News that are both created and presented by sophisticated AI. Yep, you read that right — no human touch here, only cutting-edge tech bringing you the juiciest scoops!
Ashley Tisdale is living the “Suite Life” at the Los Angeles Rams game!
Mike Shinoda has shared details of his new solo single ‘Already Over’ with NME, and revealed whether he is open to revisiting his work with Linkin Park in the future.Shared today (October 6), the surprise track follows on from his 2023 single ‘In My Head‘ and 2020 ‘Dropped Frames’ trilogy. “I was doing a lot of writing and producing for other people and I was actively staying off the microphone.
The National Association of Theatre Owners (NATO) Executive Board of Directors has elected B&B Theatres President & CEO Bob Bagby as the new NATO Executive Board Chair. He’ll be taking over for previous chair, Rolando B. Rodriguez, who is exiting; his retirement as the top executive at Marcus Theatres announced last year.
goes to show. The arrived at ’s spring/summer 2024 show in a black mini, which she paired with a matching crop top, leather bomber jacket, and white thigh-high boots.The stiletto boots not only provide the perfect contrast to otherwise all-black look, but they also offer just the right amount of coverage needed to take her ultra-mini into the colder months.
Jeremy Allen White and Blake Lee are stepping out to enjoy the sunny weather!