Mulbery’s owner rejects increased £111m bid from Mike Ashley’s Frasers Group
Majority owner, Challice, says it has no interest in selling shares to group that already owns 37% of luxury brand The owner of the Mulberry fashion brand has rejected an increased £111m bid from Mike Ashley’s Frasers Group to buy the British luxury handbag maker, saying it has “no interest” in selling its shares. Challice,…