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More than 2,000 staff will be made redundant after Sheffield-based delivery firm Tuffnells Parcels Express fell into administration. The firm has appointed joint administrators at Interpath Advisory... | June 12, 2023
Tuffnells Parcels, which has a depot in Ipswich, Suffolk, has announced it is making more than 2,000 staff redundant.
The deal makes Ashley's retail empire the second-largest shareholder in AO and comes just a week after it upped its stake in Asos to almost 10%.
Mike Ashley's company Frasers Group, whose stable of retailers includes Sports Direct and House of Fraser, now holds 9.9% of shares in the company.
Today, Frasers Group Asia Sdn Bhd (a subsidiary of Frasers Group PLC) is announcing a new joint venture agreement with PT. MAP Active Indonesia. The agreement