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Mike Ashley’s Frasers Expects To Book £100m Charge As Lockdown Drags

Frasers Group, the retailer controlled by Mike Ashley and formerly known as Sports Direct, says it expects to book a £100m charge as a result of continuing coronavirus lockdowns that have shuttered its stores.

Read the full article on the Sky News website

NAM Implications:
  • Time for suppliers to conduct what-ifs re possible casualties…
  • …and radically reduced demand…
  • …in order to reduce the odds re sales via brick & mortar outlets?