Editor
Mike Ashley is stepping down from the board of Frasers Group Plc, the company he founded under the name Mike Ashley Sports in 1982, after his son-in-law Michael Murray took hold of the reins earlier this year.
Retail tycoon Ashley will not seek re-election at next month’s AGM, Frasers said in a statement Tuesday. Ashley will be available in an advisory capacity and will provide the company, which owns Sports Direct, with an additional £100…
