Mike Ashley promises ‘Dunkirk spirit’ as he barrels into the luxury industry
Summary
Mike Ashley says Frasers has moved beyond its discount-driven identity as the group moves to acquire Harvey Nichols. The deal would extend Frasers’ reach into luxury retail.
Frasers is shifting from selling marked-down goods to owning more premium retail real estate and
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The deal could accelerate the convergence of discount, sportswear, and luxury retail under one large operator.