92 Frasers Group (formerly Sports Direct) has acquired shares in premium fashion brands of JD Sports for £47.5 million ($57.7 million) using existing cash resources. The acquisition includes shares in brands such as Pretty Green, Cricket, and Topgrade Sportswear, and the deal for eight of the businesses and all debt owed by the divested brands to JD Sports has closed immediately, with completion for the remaining businesses expected early next year. Frasers has recently increased its stake in Hugo Boss and acquired a 5% stake in ASOS. You Might Be Interested In Amazon using monopoly power to hurt consumers, rivals and sellers, FTC claims ComfortDelGro awarded 6-year contract to operate rail services in Paris, a first for an SG firm Indian auto electronics market estimated to touch $70 billion by 2032 Analyst Optimistic About Adobe’s Success with AI Integration and Growing Partnerships DexCom and Abbott Laboratories Defy Weight-Loss Drug Concerns with Strong Performance in Diabetes Devices Amazon Potentially Liable for Sale of Fake Louboutin Heels
