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Frasers increases stake in Burberry to 7.42 percent
UK-based retail conglomerate Frasers Group (Frasers) has increased its holding in British luxury house Burberry Group plc (Burberry) to 7.42 percent of voting rights. The step follows recent incremental acquisitions, with Frasers previously disclosing a 6.32 percent position at the end of September, up from 4.16 percent earlier in the year. The...
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Frasers Group consolidates luxury portfolio across UK and US markets
UK retail conglomerate Frasers Group has announced the launch of Frasers Group Luxury, a dedicated luxury ecosystem spanning the UK and US markets. The initiative marks the next phase of the group’s luxury strategy, integrating its high-end retail businesses, digital capabilities, and portfolio investments into a unified platform aimed at...
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Burberry appoints former Superdry tech lead Dafydd Moore as VP of business technology
British luxury fashion house Burberry has appointed former Superdry director of global technology Dafydd Moore as its vice president of business technology. Moore announced his new appointment on social media, expressing enthusiasm for the new role following his departure from British clothing retailer Superdry. "After a fantastic chapter at...
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