Tag : House of Fraser
'Terminal' HoF extends administration periodSubscription
House of Fraser has extended its administration for a further 12 months, just weeks after owner Sports Direct Group branded problems at the department store as “nothing short of terminal in nature”.
To say it has been a turbulent week for Sports Direct Group is an understatement.
House of Fraser suppliers hit out at Ashley’s U-turn Subscription
House of Fraser suppliers have told Drapers they fear for the future of the struggling department store chain and questioned if Sports Direct’s Mike Ashley did his due diligence before he bought it.
House of Fraser weighs heavily on Sports DirectSubscription
Ahead of Sports Direct’s delayed results, expected on Friday, Drapers analyses Mike Ashley’s progress in transforming House of Fraser into the “Harrods of the high street” and integrating it into the group alongside premium fascia Flannels.
CVAs leave 850 empty shopsSubscription
More than 850 stores totalling 6 million sq ft of retail space has become vacant as a result of company voluntary arrangements (CVAs) in the past 18 months, new data from commercial property agency Colliers International has found.
House of Fraser suppliers back premium revampSubscription
House of Fraser suppliers have largely welcomed plans to rebrand 31 of its branches as a premium chain, but landlords are likely to play hard ball in the proposed rent break negotiations.
House of Fraser to launch Frasers luxury mini-chain Subscription
House of Fraser is reportedly planning to turn up to seven of its branches into a luxury mini-chain under the Frasers name.
Data shows areas hit hardest by Debenhams CVASubscription
The south-east of England would be hardest hit by the loss of the local Debenhams combined with other retail store closures in the coming months, research compiled for Drapers by the Local Data Company (LDC) has found.
The owner of the Stamford Quarter shopping centre in Altrincham has submitted plans to redevelop the House of Fraser department store into a retail, office and residential scheme.
Over the past few years, there have been a number of unexpected appointments to the top rungs of traditional fashion retailers, as they have sought to break away from accepted thinking.