Four Marketing was founded by Dominique Signoret, Gino Da’Prato, Ben Banks and Charles Perez in 1997. It represents and distributes brands including Stone Island, Paul & Shark, CP Company and Jack Wills.
Da’Prato, Banks and Perez each hold a stake of 16.9% in the business, with a combined majority of 50.7%. The trio remain directors of the business.
Ashley bought an initial 25% share in the agency in September 2015.
His luxury department store chain Flannels stocks many Four Marketing brands, including CP Company and Paul & Shark.
Frasers Group and Four Marketing have been contacted for comment.