High Street
Frasers Group profits soar 75% in H1
The group remains cautious of macroeconomic headwinds on the horizon, including cost increases, supply chain issues and ‘potential squeezes’ on consumer spending power
Frasers Group has seen its pre-tax profit rocket 75% to £186m in its latest half-year results, largely driven by a strong reopening performance of stores post-lockdown and a continued growth in its online business.
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