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Retail

British billionaire Mike Ashley’s Fraser Group takes 12.5pc stake in handbag brand Mulberry

February 4, 2020

Mulberry's edit for Valentine's Day gifts for The Boy. Image credit: Mulberry Mulberry's edit for Valentine's Day gifts for The Boy. Image credit: Mulberry

 

U.K. retail tycoon Mike Ashley’s Fraser Group has taken a 12.5 percent stake in British leather goods maker Mulberry as part of its repositioning toward “premium third-party brands.”

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