Break In The Clouds For Frasers Group Sees Mike Ashley Stepping Down As CEO
“A little more confidence has been infused into Frasers Group PLC (LON:FRAS) with the latest sales figures a boost after the long days of lockdown, but the company sees continued uncertainty ahead for retail with new variants causing concern. Q2 2021 hedge fund letters, conferences and more Although the damaging effect of the crisis is plain to see, with full year pre-tax profit falling 94.1% to £8.5 million, since stores re-opened sales have rebounded beyond expectations. Frasers Group CEO Steps DownIt’s no surprise that founder Mike Ashley is taking this break in the clouds to step away from...