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By Jon Robinson The impact of Mike Ashley advising Hornby, the international models and collectibles group, has been revealed. The retail tycoon. whose Frasers Group significantly upped its stake in the Kent-headquartered listed company in February, took up a consultancy role in March. Hornby, in a trading update to the London Stock Exchange, has revealed that its sales and gross profit increased by 10 per cent in the period from 1 April to 31 August, 2024, compared to the same time in 2023. However, the company did say that the increase was “slightly behind internal forecasts due to timing is…

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