Frasers increases stake to 8.9%Sports Direct-owner a ?strategic shareholder?Opportunity to sell more products via GAME chainMike Ashley-controlled Frasers (FRAS) has shunted its way up the shareholder register at model trains-to-planes maker Hornby (HRN:AIM) as the deal-hungry conglomerate pounces on yet another retail name going through tough times.Shares in Hornby leapt 40.5% to 29.5p on news Fr

New £80 million buybackJD Sports warning a recent overhangN Brown stake tops 20%Mike Ashley?s Frasers (FRAS) has launched a fresh £80 million share buyback to address a near-10% year-to-date share price pullback at the retail powerhouse behind sporting goods chain Sports Direct as well as House of Fraser and Flannels.Analysts at Liberum believe shares in the FTSE 100 conglomerate have suffered d

Frasers ups stake above 15%Billionaire Ashley spies a bargainBoohoo shares down 90% in five yearsMike Ashley-controlled Frasers (FRAS) has raised its stake in bombed-out Boohoo (BOO:AIM) above 15% for the first time as the retail conglomerate continues to build on its 'strategic investment' in the embattled online fashion seller.Sports Direct, House of Fraser and Flannels-owner Frasers has upped i

Retail powerhouse raises Boohoo stake again'Natural crossover' between Sports Direct and Boohoo customer baseScope for collaborations between Boohoo and MissguidedMike Ashley-controlled retail conglomerate Frasers (FRAS) has quietly increased its stake in Boohoo (BOO:AIM) from 7.8% to 9.1%, picking up more stock after shares in the online fast-fashion seller fell to their lowest level in eight yea

Profitable growth in core sports retail business'Further strong profit progress' expectedStrong cash generation bringing down net debtMike Ashley-controlled retail conglomerate Frasers (FRAS) shrugged off the impact of the cost-of-living pressures weighing on consumers to report forecast-beating full year results driven by a standout performance from Sports Direct.The FTSE 100 retail giant also up

Cost inflation and spending squeeze clobber profitabilitySofter sales persisting in new financial yearInvestment in digital transformation continuesShares in N Brown (BWNG:AIM) slumped 15% to 23.4p after the struggling online clothing and footwear retailer reported an 83% plunge in annual adjusted pre-tax profit to just £7.5 million as the company was clobbered by 'challenging' market conditions

With the FTSE 100 hitting new all-time highs and global stock markets in the ascendency since the Autumn it has arguably become more difficult to find stocks which offer good value.This article delves into the unloved parts of the UK stock market to search for opportunities which investors may have missed. A problem with looking at cheaper stocks is they may be cheap for good reason and they are o

- Sports Direct-owner to repurchase further £80 million shares- Frasers has slipped outside of UK's top 100 listed firms- Retail conglomerate remains misunderstoodShares in Frasers (FRAS) firmed 3.2% to 794p after the Mike Ashley-controlled retail conglomerate announced a new £80 million buyback ahead of possible relegation from the FTSE 100 in next month's quarterly reshuffle of the blue-chip i

- Dunkerton increases Superdry stake- N Brown largest shareholder ups stake- Bango director sells shares to meet divorce settlementWhile squashing market rumours of plans to take embattled clothing and footwear retailer Superdry (SDRY) private, founder and chief executive Julian Dunkerton was busily topping up his shareholding.Between 31 January and 3 February, Dunkerton purchased 353,756 shares a

Among the most resilient operators in a retail sector battling with inflationary pressures and the squeeze on household budgets is Frasers (FRAS), the FTSE 100 conglomerate controlled by retail tycoon Mike Ashley, which he founded in 1982 as a sports shop in Maidenhead.There are many misperceptions about Frasers, which remains best-known as the company behind value-for-money trainers and tracksuit

Mike Ashley-controlled retail conglomerate Frasers (FRAS) has become troubled online fashion seller ASOS' (ASC) fourth biggest shareholder and increased its investment in German fashion brand Hugo Boss (BOSS:ETR).These bold investments have been made despite further evidence of a downturn in the sector's fortunes, with numerous retailers coughing up profit warnings and the latest Office for Nation

- Billionaire's empire-building continues- Frasers becomes ASOS' fourth biggest shareholder- Hugo Boss holding has increasedMike Ashley-controlled retail conglomerate Frasers (FRAS) has become the fourth biggest shareholder in struggling online fast fashion seller ASOS (ASC) and increased its investment in Hugo Boss (BOSS:ETR), moves which demonstrate retail kingpin Ashley is not done with the sec

- Downbeat 2023 outlook could send the shares south- Ballooning stock levels are a big concern- Analyst says ASOS in a 'precarious' positionInvestors in ASOS (ASC) are nursing a year-to-date loss of 78%, shares in the online fast fashion retailer having fallen from just under £24 at the start of 2022 to 527p on negative newsflow.Now, the fear is ASOS stock could come under further selling pressur

In this article we take a dive into the lowly valued part of the UK stock market to see if we can find some hidden gems. Specifically, we are looking for shares trading on less than eight times forecast earnings.It is sometimes said 'one man's meat is another man's poison' or 'one man's rubbish is another man's treasure'.Digging around the ultra-cheap end of the stock market may not be everyone's

Online clothing and footwear retailer N Brown (BWNG:AIM) has warned soaring inflation and rising costs will crimp earnings in the year to February 2023, prompting significant downgrades to earnings forecasts from analysts and sending the shares 19% lower to 29.1p.Downwards revisions overshadowed the reassuring news that results for the year to February 2022 will be in line with expectations, inclu

UK shares ended the first week of the quarter much as they started it, with the conversation dominated by rising energy prices.Brent crude finished above $83 per barrel for a gain of nearly $4 or 5% on the week, marking a three-year high.In the event the much-awaited US September non-farm payroll data was a damp squib, sending markets in Europe and the US lower.By the close the FTSE 100 index was

UK shares eased back after a firm opening on Friday as investors awaited US monthly non-farm payrolls data, with expectations that the economy added 0.5 million jobs in September.Brent Crude prices gained to $82.50 per barrel while it was reported that US diesel stockpiles were at 20-year lows heading into the winter.At midday the FTSE 100 index of leading shares was flat at 7,078 despite gains in

Shares in online clothing and homewares retailer N Brown (BWNG), which earlier this week were trading at 12-month lows, surged as much as 9% to 51.5p in early deals after the firm posted pleasing first half results and said it was 'well prepared for peak trading'.Group revenues for the six months to August were flat at £347 million with product sales up 3.3% to £222 million, while credit sales w

UK shares opened slightly firmer on Friday led by gains in oil companies, with both Royal Dutch Shell (RDSB) and BP (BP.) gaining close to 2%.Brent Crude prices gained another 1.2% to $82.75 per barrel while it was reported that US diesel stockpiles were at 20-year lows heading into the winter.Trading in Asia was positive with gains seen in China and Japan overnight, but the focus today will be on

London's FTSE 100 closed 0.17% higher to 7,184.95 on Wednesday as attention turns to the latest decision on interest rates from the US Federal Reserve later in the day.On Wall Street markets were somewhat less optimistic with the S&P 500, Dow Jones and tech-heavy Nasdaq all trading flat in morning trading stateside.All eyes will be on the US central bank as it finishes its two-day meeting, with so