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The Independent UK
The Independent UK
Business
Henry Saker-Clark

Frasers Group revenue soars from takeovers despite Sports Direct struggles

Retail giant Frasers Group has announced a significant jump in revenues, largely propelled by a series of strategic acquisitions, successfully navigating what it described as "tough" high street conditions impacting its core Sports Direct business in the UK.

This financial uplift comes as Mike Ashley’s retail empire continues its aggressive pursuit of further deals, including potential takeovers for luxury brands Hugo Boss and Harvey Nichols.

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