Mike Ashley's Frasers Group confirms retail expansion in Cork and Newbridge

The group, which also owns Heatons, expects to grow adjusted profit before tax to between €528m and €586m next year

Fraser Group’s chief executive Michael Murray said he’s not yet seeing consumers opt more for Sports Direct own brands as they battle with the higher cost of living.

Frasers Group, led by British billionaire retail magnate Mike Ashley, confirmed expansion plans for Cork, Newbridge and other parts of the Republic as it predicts profit growth despite headwinds.

The group, which owns Heatons in Ireland said it has secured sites in Cork, Dublin, and Kildare for the expansion of its Flannels, Frasers and Sports Direct brands.