Mike Ashley’s results will be gripping, but probably not in a good way - News Summed Up

Mike Ashley’s results will be gripping, but probably not in a good way


In the wake of last year’s debacle, Frasers parted company with accountancy firm Grant Thornton – which contributed to the delay that preceded the results’ publication. It is hard to imagine Ashley having lots of good news to share with the City. It is hard to imagine Ashley having lots of goods news to share with the City. John Lewis is closing sites, Debenhams is back in administration and Frasers is expected to confirm more House of Fraser store closures. Ashley, we know, wants to move from selling discounted trainers and tracksuits to selling expensive designer trainers and tracksuits.


Source: The Guardian August 08, 2020 23:02 UTC



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