Retail group affected by decision to keep non-essential retailers in England closed until at least 12 April
Frasers Group, the retailer controlled by Sports Direct founder, Mike Ashley, expects to take a hit of more than £100m after the government said non-essential retailers in England would have to wait until 12 April at the earliest to reopen.
The group, which includes Sports Direct, House of Fraser and Flannels, said the sum reflected expected writedowns of the value of its properties and other assets.
