We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sports Direct International Plc | LSE:SPD | London | Ordinary Share | GB00B1QH8P22 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 470.00 | 469.20 | 469.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFRAS
Frasers Group PLC
06 November 2020
Date: 06 November 2020
FRASERS GROUP PLC
(the "Company")
STORE CLOSURES DURING COVID-19
Following various new lockdown restrictions across in the territories in which the Frasers Group operates, we are clarifying to the market current closures:
Shop Closure Expected to Country Date open Belgium 02/11/2020 15/12/2020 Czech Republic 22/10/2020 20/11/2020 France 30/10/2020 01/12/2020 Republic of Ireland 22/10/2020 01/12/2020 Poland 07/11/2020 28/11/2020 Slovenia 24/10/2020 08/11/2020
In the UK, our stores in Northern Ireland and Scotland remain open. In Wales, stores are currently closed but are expected to open on Monday 9 November 2020, albeit subject to further announcements.
In England, stores closed from 5 November 2020 and are currently expected to reopen when current regulations expire after 28 days. The Government finally updated mixed retail rules for England yesterday, Thursday 6 November 2020. We note inconsistencies remain and, given Michael Gove MP chose to perform a PR stunt on TV to deflect the public's opprobrium onto Frasers Group at the start of the previous lockdown, we currently will not be opening any of our fascias in England, including those with mixed retail use that include 'essential retail.'
In our opinion, based on the fact that, amongst other matters, the Government has been unwilling, over a period of 6 months, to even clarify what it believes a "bicycle shop" is, the likes of Mr Gove are failing to provide the leadership and guidance that businesses require. Even the chaotic demises of BHS and Debenhams seem to us to be a picnic when compared to the systematic and risible mismanagement of Covid-19 by Mr Gove and his cohorts, which is causing devastation in particular to the retail sector.
-Ends-
Frasers Group plc Tom Piper, Company Secretary T. 0344 245 9200 LEI: 213800JEGHHEAXIJDX34 E. investor.relations@frasers.group
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
NRAGZMGMKVDGGZM
(END) Dow Jones Newswires
November 06, 2020 13:41 ET (18:41 GMT)
1 Year Sports Direct Chart |
1 Month Sports Direct Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions