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The Guardian - UK

Business

Sarah Butler

‘Tough market conditions’ hit UK half-year retail sales at Frasers Group

Frasers Frasers Group United Kingdom Sports Direct Michael Murray House of Fraser Hugo Boss Jack Wills

Several people in front of a Sports Direct branch in Maidenhead — Frasers said sales in its UK sports division had fallen to £1.3bn despite growth at the main Sports Direct chain. Photograph: Maureen McLean/Shutterstock

The owner of Sports Direct and Flannels has said sales have fallen at its UK retail businesses amid heavy discounting by rivals and “very subdued” consumer confidence.

Frasers, which is controlled by the former Newcastle United owner Mike Ashley, said sales at its UK sports division were down 5.8% in the six months to 26 October to £1.3bn despite growth at the main Sports Direct chain because of “planned decline” at its Game outlets and the Studio Retail online arm.

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