Mike Ashley’s Frasers Group has filed a possible £83 million offer to buy the luxury brand Mulberry as it expressed concerns about the future of the British handbag maker.
Frasers – the owner of Sports Direct, Evans Cycles, the House of Fraser department stores, the luxury streetwear chain Flannels and multiple brands from Slazenger to Jack Wills – already owns a 37 percent stake in Mulberry.
It said it was making an offer for the rest of the company after the luxury brand announced an…

