Aug 26, 2026 – 10.09amBritish billionaire Mike Ashley’s Frasers Group has chewed over the full-year results of Accent Group – the owner of sports retailers The Athlete’s Foot and Platypus – and launched a fresh attack on the ASX-listed board amid a nil premium takeover bid.A letter sent by Frasers Group chief financial officer Chris Wootton to Accent chairman Lawrence Myers on Wednesday morning called for the latter’s immediate resignation.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Billionaire renews calls for Accent’s chair to resign after results
Mike Ashley’s Frasers Group has launched a broadside at The Athlete’s Foot owner, bemoaning a 30 per cent drop in the share price under Lawrence Myers’ watch.
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