Financial reporting

Frasers defies downturn to post rise in H1 profits

By Frank Prenesti 2022-12-09T09:55:00

frasers

U.K. retailer Frasers Group has defied the economic downturn and revealed a jump in first-half sales and profits, driven by acquisitions, including the takeovers of Missguided and Studio Retail. The business, majority-owned by Mike Ashley, reported a 12.7 percent rise in revenues to £2.64 billion (€3.06bn) in the six months ...

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