Mike Ashley

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…

10 August

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…

9 August

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…

9 August

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…

6 August

House of Fraser able to proceed with store closures after legal row ends

House of Fraser has settled its legal row with landlords meaning it can proceed with plans to close 31 of…

1 August

C.banner pulls out of House of Fraser rescue

C.banner has pulled out its House of Fraser rescue deal worth £150m due to a dive in its share price.…

Jul- 2018 -

19 July

High Street

Lewis Catchpole

Debenhams woes hit Sports Direct profits

Sports Direct has seen a 73% drop in pre-tax profit despite an increase in revenue thanks to its investment in…

11 July

Comment

Lewis Catchpole

Has Sports Direct entrepreneur Mike Ashley made a naming faux pas?

The founder of Sports Direct, Mike Ashley, is the latest business owner to attract unwanted attention from US retail giant,…

May- 2018 -

17 May

House of Fraser landlord anger nullified by stock exchange rules

House of Fraser’s relations with a range of stakeholders worsened today after several landlords expressed anger at proposed rent reductions…

8 May