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The owner of Edinburgh’s iconic department store, Jenners, has insisted that it will see it ‘returned to its former glory as a retail destination’ upon the departure of Mike Ashley’s Fraser Group, who will be vacating the premises for good this May. News broke yesterday that the department store building …
Read More »Hamleys chairman steps down amid House of Fraser fallout
Frank Slevin had been chairman of the toy shop chain since it was bought by a Chinese company affiliated to House of Fraser’s former owners three years ago. His position has been terminated, according to a filing at Companies House.
Read More »Mike Ashley hopes to keep 47 of 59 House of Fraser stores open
The Sports Direct owner has said he wants to retain 80 per cent of House of Fraser’s stores and bring in “cools brand of the moment.”
Read More »House of Fraser rescued from administration in £90m buy out by Sports Direct’s Mike Ashley
“The group has acquired all of the UK stores of House of Fraser, the House of Fraser brand and all of the stock in the business,” it said.
Read More »House of Fraser store closures go ahead as retailer reaches rallying landlord settlement
The department store chain will close 31 of its stores having settled with landlords to avoid litigation.
Read More »Billionaire retail tycoon Philip Day weighs in on House of Fraser rescue plans
Day could be about to throw the struggling department store chain a lifeline following confirmation that China’s C.Banner, owner of Hamley’s, had pulled out of a £70m rescue deal.
Read More »Hamley’s owner C.Banner pulls out of House of Fraser rescue bid
The retailer must 'drag itself into the 21st century,' through better online services, say tech analysts
Read More »Sports Direct’s Mike Ashley considers House of Fraser steal from Hamleys owner with majority stake bid
Ashley has put forward what h considers ‘better terms’ than those offered by the Chinese fashion conglomerate and Hamleys owner, C. Banner who last week revealed it was delaying its deal.
Read More »House of Fraser’s plans to shut 31 stores approved by creditors
6,000 jobs will now be axed as the department store chain escaped administration.
Read More »Number of retailers ‘taking advantage of CVA procedure’ is “distressing” say landlords
The warning follows recent reports that high street retailer New Look tried to cut the rent of one its sites, but then allegedly offered to pay more after a decision was made to cancel the lease.
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