Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.
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.
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 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.
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.
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).
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.
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 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.
Challenging times require strong leadership. Nowhere is this more true than on the UK high street, where fashion bosses are battling a sluggish economy and shaky consumer confidence in an ever-changing retail industry