Sports Direct renamed Frasers as department store recovery takes shape

LONDON (Reuters) - Sports Direct forecast core earnings growth of as much as 15% this financial year helped by a nascent turnaround at department store House of Fraser, as investors backed a plan to change the group's name to Frasers Group Plc. Problems integrating House of Fraser, which Sports Direct bought out of administration last year, have dragged on the group's earnings, with founder, CEO and controlling shareholder Mike Ashley saying previously that the 90 million pound ($115.47..