Fed up with embattled footwear retailer Accent Group’s performance, its biggest investor – UK retail giant Frasers – has taken matters into its own hands.

The retailing tycoon’s company Frasers Group slammed management and its board over its performance and capital management.

Fed up with embattled footwear retailer Accent Group’s performance, its biggest investor – UK retail giant Frasers – has taken matters into its own hands.

Fed up with Accent Group’s recent ailing performance, UK retail giant Frasers has taken matters into its own hands.

British billionaire Mike Ashley is as colourful as they come. But it’s his prowess as a hard-nosed dealmaker that should scare ASX-listed Accent Group.

Frasers has launched a £166m takeover bid of Australian shoe company Accent, as billionaire Mike Ashley seeks to expand his fashion empire.