Tag : House of Fraser
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 suppliers: ‘Enough is enough’ Subscription
Several House of Fraser suppliers have hit out at the retailer’s pre-pack administration and subsequent sale to Sports Direct, fearing that they will once again be left to pick up the bill.
Is this the death of the department store?Subscription
Following Mike Ashley’s purchase of House of Fraser out of administration, Drapers asks industry experts what department stores need to do to survive and thrive.
As Sports Direct buys House of Fraser out of administration, Drapers looks back over the 169-year history of the business and tracks the downward spiral from jewel of the high street to a business in distress.
House of Fraser enters administrationSubscription
Embattled department store House of Fraser is to appoint administrators, after talks with investors failed to reach a deal to save the business.
House of Fraser’s fate could be decided todaySubscription
It is thought that House of Fraser’s creditors will come to a decision about the retailer’s future today. Bids from Sports Direct owner Mike Ashley, Edinburgh Woollen Mill Group owner Philip Day and turnaround specialist Alteri Investors remain in the picture.
'Clock ticking' on House of Fraser rescueSubscription
Time is running out for House of Fraser to secure “vital funding” to maintain the 169-year-old department store chain’s place on the high street, albeit with a reduced footprint.
There are very few people that have had such an impact on the industry while keeping such a low profile as Philip Day.
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.
Court date set for House of Fraser landlordsSubscription
A legal challenge by landlords against House of Fraser’s plan to close more than half its stores is set to be heard on 14 August, following the decision by Hamley’s Chinese owner C Banner to pull out of an investment ...