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Mike Ashley’s retail empire has added another high-profile investment to its portfolio after Frasers Group quietly built a near 6 per cent stake in the German sportswear brand Puma.
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Frasers Group builds 6% stake in struggling Puma

Mike Ashley’s Frasers Group has acquired a 5.77% stake in Puma, becoming the brand’s second-largest shareholder as the German sportswear giant battles losses and declining sales.