CompaniesRetailMergers & acquisitionsJun 22, 2026 – 1.46pmShoe retailer Accent Group has rejected a takeover offer from British billionaire Mike Ashley’s Frasers Group, calling it opportunistic and materially inadequate.Frasers is the biggest shareholder in Accent with 22.9 per cent of the company, which owns The Athlete’s Foot, Hype, Nude Lucy and Stylerunner footwear chains.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In RetailFetching latest articlesMost Viewed In Companies
Shoe retailer Accent rejects Mike Ashley’s takeover offer
It is game on for Frasers Group, which offered 65¢ a share last week for the balance of the owner of The Athlete’s Foot and Hype chains it does not already own.
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