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Evening Standard
Evening Standard
Business
Holly Williams

EXPLAINED: Frasers working hard to offset cost hit as sales improve | Rare Historical Photos

High street retail giant Frasers owns Sports Direct (PA) - (PA Wire)

High street retail giant Frasers said it was working hard to offset soaring wage costs, but had seen “more encouraging” trading after a challenging end to 2024.

The Sports Direct owner reported a 2.8% rise in underlying pre-tax profits to £560.2 million for the year to April 27, despite a 7.4% drop in revenues to £4.9 billion.

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