Mike Ashley praises staff as Frasers Group readies to ‘potentially’ reopen stores

Mike Ashley video screenshot copy

Frasers Group, formerly known as Sports Direct International, has said that it will pay 100% of salaries for the majority of its employees in May.

The retail group, which comprises chains including Sports Direct, House of Fraser, Game, Jack Wills and Evans Cycles, has said it will ensure the salaries of the majority of its furloughed and non-furloughed employees will be paid this month.

The group’s senior management and non-executive directors have voluntarily had their salaries capped at £40,000, while Ashley is not drawing a salary.

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