Mike Ashley Eyes Cycling Retailer

Frasers Group, the sportswear group founded by Mike Ashley, is in advanced talks to acquire cycling goods specialist ProBikeKit (PBK). According to Sky News, Frasers Group is close to buying the stock and intellectual property assets of PBK from THG, the London-listed online nutrition and beauty retailer. The reported agreement comes in the wake of … Continue reading Mike Ashley Eyes Cycling Retailer