Tag : Mike Ashley
Reports suggest employees at a key warehouse supplying House of Fraser stores and online shoppers have halted work over delivery payment terms with Mike Ashley’s Sports Direct.
There have been several times of late that I have urged the government to step in and support this industry, and unfortunately this week is no exception.
Sports Direct has appointed property agency CBRE to start talks with House of Fraser landlords over the coming days.
Pension fears for House of Fraser Subscription
House of Fraser pension members could suffer a substantial cut to their benefits following the retailer’s fall into administration last week.
Industry questions Ashley's plans for HoFSubscription
Industry and property sources have speculated that new owner of House of Fraser, Mike Ashley, will close some branches in the department store group’s portfolio and turn others into Sports Direct fascias.
House of Fraser has reached an out-of-court settlement with a group of landlords that had challenged its CVA and planned store closures, it was announced last night.
'Critical time' looms for House of Fraser Subscription
Suppliers have voiced fresh concerns for House of Fraser ahead of a “crunch time” next month when the department store will be faced with rent and rates bills at the same time it is building its inventory ahead of the key peak trading period.
Struggling department store House of Fraser is understood to be in talks with Sports Direct owner Mike Ashley over a £50m investment deal.
Mike Ashley’s Sports Direct has forayed into the worlds of cricket and hockey after buying a specialist retailer from administrators.
TK Maxx has accused Mike Ashley’s Sports Direct of attempting to “deceive the public” by opening new stores under the Brand Max fascia.