Sports Direct owner Frasers Group sees signs of ‘normality’ returning

Sports Direct owner Frasers Group sees signs of ‘normality’ returning

Image copyright Reuters

The owner of Sports Direct and House of Fraser says it is seeing “a semblance of normality” returning, but warned that further lockdowns remain a threat.

Frasers Group said annual pre-tax profits sank 20% to £143.5m as lockdown store closures led to “the most challenging year” in its history.

It also repeated its “frustration” over the problems at Debenhams.

Frasers’…

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