After last year’s ‘shambles’, Frasers Group has a new auditor, but 2020 has not been kind, even to less exciting retailers
Can the annual results of Frasers Group, sportswear baron Mike Ashley’s retail empire, be any more exciting than last year’s?
This time in 2019, when Ashley’s business was better known as Sports Direct, several putative deadlines for the figures’ publication came and went throughout the day. In the end the figures were published a mere 10 hours late – and after the stock exchange had closed. As one analyst put it, it was a “total and utter shambles” – and that is before we get to their contents.