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    Takeover Deals Boost Frasers Amid Tough Conditions

    1 week ago

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    Frasers Group, owner of Sports Direct, reported an 8.7% revenue increase to £5.33 billion, driven by recent takeover deals. International revenues surged by 59.2% to £1.6 billion, despite a 4.7% decline in UK sports retail revenues. CEO Michael Murray noted ongoing challenges from weak consumer confidence and excess inventory, impacting the sector's growth potential.
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