Frasers shares tumbled on Thursday as the Sports Direct owner lowered its profit guidance and the retail giant prepared for relegation out of the FTSE 100. Forecast: Frasers Group shares tumbled on Thursday morning after the Sports Direct owner lowered its profit outlook amidst difficult trading in recent months The Derbyshire-based group revealed its operating profits declined by 10.5 per …
Boohoo has named Debenhams boss Dan Finley as its new chief executive, rejecting calls from top shareholder Frasers for the group to appoint retail tycoon Mike Ashley. Major snub: Boohoo has named Dan Finley as its new chief executive, turning down requests to appoint retail tycoon Mike Ashley Frasers Group last week called for Boohoo investors to be granted a …
