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Frasers Buys Stake in Sportswear Brand Under Armour

Wall Street Journal US Business ·

🇬🇧 English

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

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🇸🇦 العربية

Frasers تستحوذ على حصة في Under Armour

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

ما النسبة المئوية من Under Armour التي استحوذت عليها Frasers؟

استحوذت Frasers على 8.8% من Under Armour، ما يعادل 16.6 مليون سهم.

العربية version →


🇧🇩 বাংলা

Frasers Under Armour-এ অংশ কিনেছে

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

Frasers Under Armour-এ কত শতাংশ কিনেছে?

Frasers Under Armour-এ 8.8% কিনেছে, যা 16.6 million shares-র সমান।

বাংলা version →


🇩🇪 Deutsch

Frasers erwirbt Beteiligung an Under Armour

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

Wie viel Prozent von Under Armour hat Frasers erworben?

Frasers hat 8,8% von Under Armour erworben, was 16,6 Millionen Aktien entspricht.

Deutsch version →


🇪🇸 Español

Frasers compra participación en Under Armour

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

¿Qué porcentaje de Under Armour adquirió Frasers?

Frasers adquirió el 8.8% de Under Armour, equivalente a 16.6 millones de acciones.

Español version →


🇫🇷 Français

Frasers achète une participation dans Under Armour

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

Quel pourcentage d'Under Armour Frasers a-t-elle acquis ?

Frasers a acquis 8,8% d'Under Armour, soit l'équivalent de 16,6 million d'actions.

Français version →


🇮🇳 हिन्दी

Frasers ने Under Armour में हिस्सा खरीदा

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

Frasers ने Under Armour का कितना प्रतिशत खरीदा?

Frasers ने Under Armour का 8.8% खरीदा है, जो 16.6 मिलियन शेयरों के बराबर है।

हिन्दी version →


🇮🇩 Bahasa Indonesia

Frasers Mengambil Saham Under Armour

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

Frasers Under Armour-berapa persen mengambil?

Frasers 8,8% Under Armour mengambil, yang setara dengan 16,6 million shares.

Bahasa Indonesia version →


🇯🇵 日本語

FrasersがUnder Armourの株式を取得

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

FrasersはUnder Armourの何パーセントを取得しましたか?

FrasersはUnder Armourの8.8%を取得し、16.6 million sharesに相当します。

日本語 version →


🇧🇷 Português

Frasers compra participação na Under Armour

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

Que percentual da Under Armour o Frasers adquiriu?

Frasers adquiriu 8,8% da Under Armour, equivalente a 16,6 milhões de ações.

Português version →


🇷🇺 Русский

Frasers приобрел долю в Under Armour

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

Какой процент от Under Armour приобрел Frasers?

Frasers приобрел 8,8% от Under Armour, что эквивалентно 16,6 миллионам акций.

Русский version →


🇨🇳 简体中文

Frasers收购Under Armour股份

Frasers recently acquired a stake in embattled U.S. sportswear brand Under Armour, following a series of deals that are part of the British retailer’s expansion strategy. The group—founded by billionaire Mike Ashley—bought 16.6 million shares in Under Armour, representing 8.8% of the company, according to a filing. Under Armour is dealing with a challenging consumer environment, which hurt demand for its products.

In August, the company lowered its revenue target for the year, citing weak demand trends, particularly in North America and the Asia-Pacific region. Frasers, which usually buys stakes in other retail chains, recently achieved a near-majority ownership in German apparel group Hugo Boss, shortly after it acquired U.K. department store Harvey Nichols.—Updates to follow. Write to Andrea Figueras at andrea.figueras@wsj.com.

Frasers收购了Under Armour的百分比是多少?

Frasers收购了8.8%的Under Armour,相当于16.6 million shares。

简体中文 version →