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Mike Ashley's Frasers buys JD Sports' premium fashion brands for $58 mln

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Mike Ashley's Frasers buys JD Sports' premium fashion brands for $58 mln

British retailer Frasers Group said on Friday it has bought shares in premium fashion brands of JD Sports for about 47.5 million pounds ($57.7 million), as the Mike Ashley-owned company continues its drive into a more premium market.

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Mike Ashley's Frasers buys JD Sports' premium fashion brands for $58 mln

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Mike Ashley's Frasers buys JD Sports' premium fashion brands for $58 mln

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