Mike Ashley

Sports Direct denies Mike Ashley will block Debenhams’ Magasin du Nord sale

Sports Direct has denied the claims which emerged over the weekend that Mike Ashley will attempt to block a sale…

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Sports Direct rules out Debenhams takeover

Sports Direct has quashed speculation that it could increase its 30% stake in embattled department store Debenhams with a buyout…

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CVA and closure rumours loom as Debenhams appoints KPMG

Debenhams has reportedly appointed audit advisors KPMG to explore restructuring plans, prompting rumours of stores closures and a CVA. The…

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Quiz to take £400,000 hit from House of Fraser collapse

House of Fraser is expected to receive a £400,000 cash injection from fashion retailer Quiz. Ahead of its AGM the…

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House of Fraser Oxford Street store saved but 627 warehouse jobs still at risk

House of Fraser’s flagship Oxford Street store has been saved from closure by its new owners. The store was due…

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Debenhams to axe 90 jobs

Debenhams has announced it is to cut 90 jobs as part of a restructuring plan to focus the business on…

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Mike Ashley plans to keep 80% of House of Fraser stores open

Sports Direct owner Mike Ashley has vowed to keep 80% of House of Fraser’s stores open, after he saved the…

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House of Fraser site offline as administration threatens 17,500 jobs

House of Fraser has appointed administrators after talks with investors and creditors were “not concluded in a solvent solution”. The…

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House of Fraser sets new deadline to secure funds

House of Fraser has set itself a new deadline to secure funding to avoid collapse. In a statement to the…

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House of Fraser fate could be decided today

A decision could be made on the future of House of Fraser today as its creditors assess takeover bids made…

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