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Can Mike Ashley clean up?

The retail tycoon may yet win the game that his competitors are increasingly abandoning
Can Mike Ashley clean up?
  • Frasers’ relentless buying is paying off, for now
  • Mike Ashley has the opportunity to win the game that his competitors have abandoned
  • If he can nurture his prize holdings, there’s still a lot of profit to be made from the high street
IC TIP: Buy at 463p

The chief executive of Frasers Group (FRAS) has long been criticised for playing Monopoly with the UK high street. Now, it increasingly looks like the man maligned as “Mad Mike" Ashley for his ventures into troubled UK retailers is the only person left playing the game.

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