SHARE

Frasers Group reaches 55.8% ownership of MySale

After a further purchase of 65 million shares, the retail group has revealed that it now controls more than half of the shares in Australian etailer MySale. Frasers expects to increase its presence in Australia “at a faster rate than via organic growth”.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.