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Net income. £ 501.3 million (2023)[2] Owner. Mike Ashley (61.7%) Number of employees. 30,000 (2024) [3] Website. frasers.group. Frasers Group plc (formerly known as Sports Direct International plc) is a British retail, sport and intellectual property group, named after its ownership of the department store chain House of Fraser.
In 2019, there were more than 400 Sports Direct, Lillywhites, and USC stores in the United Kingdom and employed more than 20,000 people across the UK, Ireland, Belgium and Slovenia. [citation needed] Sports Direct acquired a 38.5% stake in retailer Game Digital [24] and, in June 2019, Ashley placed a £52 million bid to buy The Times. [24]
In October 2015 Forsey was charged with a criminal offence for consultation failures over USC staff who only had 15 minutes notice of redundancy. [4] [5] In September 2016, Forsey resigned as chief executive of Sports Direct. [2] [6] [7] In May 2017 The Sunday Times reported that Forsey will be prosecuted over the collapse of USC.
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Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
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2009 saw expansion into Europe which led to German language and later French language sites being created. In 2014, according to the reports, Danish fashion group Bestseller purchased MandM Direct Ltd for £140 million ($235 million). [8] The company was a back-of-the-shirt sponsor for Hereford United until 2012. [9]
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