Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

AllSaints confirms House of Fraser departure

AllSaints has terminated its concession agreement with House of Fraser to protect its full-price standalone operation.

The young fashion chain’s management wrote to its staff this week to confirm it would close its HoF concessions by March next year.

Both parties had been locked in talks for several weeks (Drapers, September 25) over the future of the partnership but sources said they had been unable to agree on terms and that AllSaints had been disappointed with the level of discounting HoF had employed in recent months.

The letter to staff seen by Drapers said the concession model no longer fitted with the AllSaints “model for growth” and that its investment in certain concessions had “lost viability” when compared to its standalone stores.

It added: “We have been working with our concession partners to resolve issues of financial viability and brand management but unfortunately in some cases it has not been possible to do this.”

AllSaints’ HoF concessions are believed to generate under £20m of its total turnover, believed to be in excess of £150m.

HoF chairman Don McCarthy said that the department store already had a replacement for AllSaints lined up.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.