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Exclusive: House of Fraser culls director roles in restructuring

House of Fraser has cut a number of director-level roles across various departments, Drapers has learned.

The senior redundancies were made last week, with one source indicating that around 12 people lost their jobs. HoF declined to comment. 

It is understood the changes included the departure of HoF’s commercial director Shahnila Rashid, as revealed by Drapers.

Other areas thought to be affected include merchandising. One source familiar with the matter said: “It’s unfortunate, but I do think it needed to happen. Times are tough out there for retailers.”

It is understood the departures arose as part of a handful of leadership changes at the department store, which has resulted in the creation of new roles as well as promotions.

HoF appointed KPMG as its financial adviser last week to explore its options on how it can speed up its restructuring.

Readers' comments (3)

  • HOF are indicative of their contemporaries in creating jobs that do not need to exist, which is classic department store mentality. Those days should of gone years ago, but golf clubs need members.

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  • Reshuffling deckchairs on the titanic comes to mind

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  • I'm hearing from several of our suppliers that HOF are going round saying there is nothing to worry about and its all paper talk. If there was nothing to worry about, they wouldn't be saying there is nothing to worry about.

    I'm sure the landlords will be greatly assured by this. Not.

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