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.
House of Fraser supplier Edinburgh Woollen Mill Group (EWM) is pulling all its stock, including own-brand House of Fraser ranges it manufactures, out of the department stores after negotiations with its owner, Sports Direct, collapsed, Drapers can reveal.
A war of words has erupted this week over House of Fraser’s collapse into administration and the subsequent treatment of its suppliers.
Philip Day’s Edinburgh Woollen Mill Group (EWM) has temporarily closed its House of Fraser concessions, including Berwin & Berwin, Jaeger, Jane Norman and Calvetron Brands while discussions continue, Drapers can reveal.
Mike Ashley has called for House of Fraser’s former directors to face an Insolvency Service inquiry, claiming they “misled” suppliers and warehouse operators.
Landlords hit back at Ashley's 'greedy' jibeSubscription
Landlords and property experts have hit back at Mike Ashley’s claims that “greedy landlords” will scupper his plans to save House of Fraser stores.
House of Fraser’s distribution centres in Wellingborough and Milton Keynes have closed again shortly after reopening, Drapers understands.
House of Fraser’s Plymouth store will remain open, new owner Sports Direct has confirmed.
House of Fraser’s distribution centres in Wellingborough and Milton Keynes are reopening on 24 August, following a standoff between the retailer’s new owner Mike Ashley and site operator XPO Logistics, Drapers has learned.
House of Fraser in Telford to remain openSubscription
House of Fraser in Telford will remain open, saving 150 jobs, it has been confirmed today.