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Frasers Group Faces UK Sales Dip Amid Tough Market

12/4/2025

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Summary

Story summary

Frasers Group reported a 5.8% drop in UK sports division sales to £1.3 billion for six months ending 26 October, due to discounting and weak consumer confidence.
Total sales rose 5% to £2.6 billion, driven by international growth and a substantial rise in the Hugo Boss investment value.
Michael Murray, Frasers Group Chief Executive Officer, said conditions remain tough but expects to meet profit guidance of up to £600 million.

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Story summary

Frasers Group reported a 5.8% drop in UK sports division sales to £1.3 billion for six months ending 26 October, due to discounting and weak consumer confidence.
Total sales rose 5% to £2.6 billion, driven by international growth and a substantial rise in the Hugo Boss investment value.
Michael Murray, Frasers Group Chief Executive Officer, said conditions remain tough but expects to meet profit guidance of up to £600 million.