British retailer Frasers warns of 200 million sterling lockdown charge - Reuters

11:51pm PDT - April 8th, 2021    mike pence - Reuters

British sportswear retailer Frasers will book a non-cash charge that could exceed 200 million pounds ($274 million) in its 2020-21 results to account for impairment of assets during the latest COVID-19 lockdown, it said on Friday.