Mike Ashley to close three House of Fraser stores Subscription
House of Fraser is to close three stores imminently after owner Mike Ashley said he was unable to agree terms with “greedy landlords”.
House of Fraser website back onlineSubscription
House of Fraser’s website has been relaunched more than a month after it was taken offline.
Customers with unused House of Fraser gift cards are still waiting on refunds after the department store chain stopped accepting gift card purchases in stores, it has been reported.
Exclusive: Supplier to cut jobs amid HoF fallout Subscription
Berwin & Berwin, a men’s tailoring supplier that is part of Edinburgh Woollen Mill Group, has entered into a consultation period with a number of employees at its Leeds site, after it failed to reach an agreement with House of Fraser’s new owner Sports Direct over future trading terms.
House of Fraser is to axe its remaining house brands as it reshapes its strategy under new owner Sports Direct, Drapers understands.
Sports Direct denies Debenhams takeover bidSubscription
Sports Direct confirmed it does not intend to make an offer to acquire Debenhams, after a director admitted yesterday that merging it with House of Fraser had been discussed at board level.
Department stores face fight for survivalSubscription
The UK department store sector remained in turmoil this week, as question marks hung over the future of anchor stores in many shopping centres and high streets.
KPMG owed £277k for House of Fraser CVASubscription
Accountancy firm KPMG has accrued losses of £277,533 after being paid just less than half the fees it was owed by House of Fraser for work on its company voluntary arrangement (CVA).
House of Fraser website set to reopenSubscription
The House of Fraser website could be set to reopen next week after a deal was struck with its warehouse operator.
Mike Ashley’s Sports Direct is understood to have offered loans to some suppliers that are struggling to cope with unpaid debts from the collapse of House of Fraser.