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Debenhams, Dorothy Perkins Distress Could Be Frasers Group’s Gold Mine

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Michael Ashley is in an enviable position—his Frasers Group posted an interim profit in spite of lower sales and he has the wherewithal to add some good brands to his portfolio at distressed (read: attractive) prices. In a Nutshell: Executives at Frasers Group have been busy weighing multiple acquisition targets that would augment their brand…

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