Jun 15, 2026 – 10.19amBritish billionaire Mike Ashley has lobbed a $390 million bid for the balance of Accent Group he does not already own, but will not pay a premium for the shares while slamming the owner of The Athlete’s Foot and Platypus shoe chains over its performance and capital management.Ashley’s majority owned London-listed Frasers Group, which owns the department store House of Fraser as well as British sporting brands such as Everlast, Lonsdale and Slazenger, has crept up the Accent shareholder register, building a 22.9 per cent stake.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles