Aug 28 (Reuters) - British sportswear and apparel retailer Frasers (FRAS.L), opens new tab said on Wednesday it has purchased a 14.65% stake in Australian sportswear retailer Accent Group Limited.

Accent serves the performance and lifestyle market in Australia and New Zealand, delivering AUD$1.6billion (£820million) of sales annually from nearly 900 stores and websites. It boasts multi ...