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.The group, which also owns House of Fraser and Flannels, reported that total revenues climbed by 8.7 per cent to £5.33 billion in the year ending 26 April. This growth was significantly bolstered by its international retail division, where revenues soared by 59.2 per cent to £1.6 billion, following recent takeovers such as Holdsport in South Africa and