The new boss of Sports Direct has insisted the High Street isn’t dead, with plans to open up to 10 new flagship stores across the UK.
Michael Murray has taken over from Mike Ashley – his future father-in-law – as chief executive of Frasers Group.
But in his first interview in the job he told the BBC Mr Ashley was “not pulling the strings”.
He also warned costs were “going through the roof” so the firm would probably have to put up prices.
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