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Mulberry, Debenhams and Mike Ashley
UK's Frasers proposes Mulberry takeover to avoid 'another Debenhams'
(Reuters) -British sportswear and apparel retailer Frasers has proposed a possible 83 million pound ($111 million) takeover of struggling luxury brand Mulberry, saying it wants to avoid "another Debenhams situation".
Mike Ashley targets struggling Mulberry to avoid 'another Debenhams situation'
Frasers Group says its takeover interest is based on avoiding a repeat of the collapse of Debenhams "where a perfectly viable business is run into administration".
Mike Ashley swoops for Mulberry to avoid ‘another Debenhams situation’
Mike Ashley’s Frasers Group has made an £83m takeover bid for Mulberry as the luxury handbag maker battles to turn around its fortunes. The group, which is Mulberry’s second-largest shareholder, said it would pay 130p in cash per share for the company as it warned it was “exceptionally concerned” over the state of its finances.
Mike Ashley's Frasers Group makes bid for Mulberry
Luxury handbag maker Mulberry has received a takeover approach from Mike Ashley's Frasers Group. The offer values Mulberry, which has seen sales fall sharply following a downturn in the luxury sector,
30m
Debenhams slashes price of 'comfy' knee high boots 'great for thicker thighs' from £157 to £49
Debenhams is selling the perfect pair of 'comfy' knee-high boots that are sure to keep your feet warm and dry throughout ...
2h
on MSN
Debenhams shoppers 'ditching' heating for 'toasty' heated throw slashed by 25%
Keep cosy during the colder season without racking up the heating bill with this Slumberdown Comfy Hugs Electric Heated Throw ...
17h
Debenhams slashes £129 'Botox in a bottle' cream that creates younger-looking skin 'within days' by 85%
"I've only been using it for five nights and can already see a huge improvement to my skin. Fine lines aren't so noticeable, ...
Echo news
22h
Debenhams Essex former store redevelopment plans update
The site is looking to be open from 10am to 11.30pm from Monday to Thursday, 10am to midnight on Friday and Saturday and 12pm to 10.30pm on Sunday ...
2d
Debenhams shoppers praise 'showerproof' sale jacket as 'the warmest they have owned'
Rated 4.8 stars and boasting multiple positive reviews, the 'Cautley' Long Padded Shower Resistant Jacket is popular among ...
4d
Debenhams shoppers race to buy £3,300 Swiss Quartz diamond watch at 93% discount
The Marsala Tortoise Swiss Quartz Diamonds Mother Of Pearl Dial IP YG Bracelet Watch has a full retail price of £3,295 but ...
7d
Debenhams knocks £50 off 'lightweight and warm' padded thermal puffer coat
The blue padded puffer coat usually costs £170, but for a limited time Debenhams is offering a 30% discount on the jacket, ...
2d
Debenhams knock £656 off beautiful moonphase watch that's strikingly similar to luxury Swiss brand
The STÜHRLING Moonphase Watch set on mother of pearl has been reduced from £750 to just £93,49 - but this stunning deal won't ...
4d
Debenhams shoppers find £35 eye serum their anti-ageing 'best kept secret'
Elizabeth Grant's Torricelumn Absolute Miracle Oxygen Eye Serum has been hailed as a "miracle" product after receiving ...
7d
Princess Kate's go-to Clarins lipstick is on sale under £20 at Debenhams - but be quick
Kate Middleton's beauty secrets have always generated buzz and now her favourite lip product is flying off the shelves.
Ideal Home on MSN
6d
Debenhams is having a huge payday sale - we can’t believe we forgot about this iconic brand
Great British favourite Debenhams is holding a huge payday sale - with up to 75% off homeware, the Ideal Home team cannot ...
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