Mike Ashley

French Connection considering a potential sale

French Connection has confirmed it is considering the potential sale of the business as it is currently “reviewing all strategic…

Read More »

What is an administration pre-pack, and how might it affect retail suppliers?

2018 has been a difficult year for retailers: East, Maplin, New Look, Carpetright, Carphone Warehouse, Poundworld, Mothercare, Toys ‘R’ Us,…

Read More »

Sports Direct ousts entire House of Fraser management team

Sports Direct has announced it has dismissed the entire management and executive team of House of Fraser following the department…

Read More »

Three further House of Fraser stores to shutter due to ‘greedy landlords’

House of Fraser has announced it is to close three further stores in Hull, Edinburgh and Swindon, with new owner…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »