A week on from when Frasers Group brought forth a takeover offer for Mulberry, the founder of the luxury brand has come forward with his own take on the

Mike Ashley's Frasers Group has made a takeover approach for luxury handbag maker Mulberry, adding it was "exceptionally concerned" about the fashion brand's future. Mulberry's sales have fallen sharply following a downturn in the luxury sector,

Mike Ashley’s Frasers Group has made a conditional offer for Mulberry, valuing the UK luxury brand at £83mn, after a “wholly unsatisfactory” response to an initial approach at the weekend. Frasers, which owns about 37 per cent of Mulberry’s shares,

UK-based retail brand owner Frasers Group has made a potential £83m ($111m) offer to acquire luxury handbag manufacturer Mulberry. This comes after the handbag company recently announced its intention to raise gross proceeds of £10.