Frasers Group blames Brexit & Covid-19 on profit dip as it mulls shop closures

// Frasers Group profits decline as it blames Brexit and Covid-19
// Mike Ashley’s retail empire warned of more store closures as it shifts it focus towards onlineFrasers Group has warned of further store closures after revealed a drop in profits in its delayed full year results, which it blamed on Brexit and the coronavirus pandemic.
For the year ending April 26, 2020, Frasers Group recorded a profit before tax decline of 19.9 per cent to £143.5 million, while underlying profits bef