Sports Direct’s parent firm, Frasers Group, has reported a bumper profit for the past year despite a “significant increase” in running costs.
The Mike Ashley-founded business, which also runs House of Fraser and Game stores, saw adjusted pre-tax profits jump to £344.8m for the year to April, compared with a £39.9m loss in the previous year.
This article was originally published by Sky.com. Read the original article here.