House of Fraser has confirmed ahead of today's AGM that trading is in line with the company’s expectations of achieving between a 5 percent and 15 percent improvement in underlying EBITDA for t

Department store chain House of Fraser, which was acquired by Mike Ashley’s Sports Direct immediately after it went into administration, is expected to reopen its website next week, reports The

The British upscale fashion and accessories brand has warned that House of Fraser (HoF) collapse will have a negative impact on its finances. Mulberry is one of the many HoF’s creditors that wo

According to GMB union representing workers at two XPO Logistics centres in Milton Keynes and Wellingborough, the company’s differences with the department store chain House of Fraser are yet t

Troubled department store House of Fraser has seen two of its distribution centres re-open following customer order cancelations after disagreements with the company's logistics provider. According t

After Sports Direct's Mike Ashley saved House of Fraser’s flagship store on Oxford Street, London from closure, media reports said that its second store at Telford Centre in Shropshire would al

To give House of Fraser the best chance of survival, Sports Direct and its owner Mike Ashley must make drastic changes to both its product proposition and store environment to entice shoppers back sa

House of Fraser’s flagship store on Oxford Street, London has been saved from closure, reports The Guardian. The report quoted James Keany from CBRE, the real estate services and investment fir

After taking its website down on Wednesday, House of Fraser has now announced that due to delays in delivering online orders, it has decided to cancel all orders and refund the customers. The action

House of Fraser, which was acquired by Sports Direct last week, has taken its website offline. Visitors are greeted with the following message: “we’re currently working hard to make some

Sports Direct International plc has announced the acquisition of the business and assets of House of Fraser from the administrators of House of Fraser Limited, House of Fraser (Stores) Limited and Ja

In a statement sent to Luxemburg Stock Exchange today, House of Fraser has announced that its discussions with interested investors and its main secured creditors have not concluded in a solvent solu

House of Fraser has announced through a statement that the challenges by a group of its landlords to its Company Voluntary Arrangements, which were approved at meetings of the companies’ credit

British fashion retailer House of Fraser has seen its future compromised after Chinese investment firm C.Banner walked away from a rescue deal that included acquiring a majority stake in the apparel

Troubled departmental store chain House of Fraser is said to be in talks with Sports Direct’s Mike Ashley to seek funding boost worth 50 million pounds (65.8 million dollars), reports Sky News.

House of Fraser has announced that the company voluntary arrangement (CVA) proposals filed on June 6, 2018 have been approved by the companies’ creditors after the Friday’s meeting. The p

In an attempt to revert its failed financial plans, the department store chain has launched a dramatic restructuring that involves closing more than half of its 59 stores to cut costs. The plan has a

House of Fraser rescue plan includes a CVA proposal to shut 31 stores across the UK and Ireland, which would see up to 6,000 jobs being lost. The struggling department store group, who opened its fir

Struggling department store group House of Fraser confirmed it is set to shut 31 of its 59 UK and Ireland stores, affecting 6,000 jobs, as it shares the details of its Company Voluntary Arrangement p

House of Fraser could be aiming to close as many as to 29 of its 59 stores, as it gears up to launch its company voluntary arrangement (CVA) in an attempt to turn its struggling business around. A la

House of Fraser has issued a statement in which it denies all recent media speculation that its future is hanging in balance. The department store group claims its business 'is still on track' as rep

A group of high street landlords is said to be preparing to challenge retailer's company voluntary arrangements, arguing they are being pressured into agreeing to rent reductions. Struggling retailer

London - Sanpower Group, the Chinese giant which is currently selling part of its majority stake in British department store chain House of Fraser, has restructured its business in order to accelerat

Marks & Spencer is reported to be shutting 100 of its large clothing and food shops in an attempt to revert poor sales and shrinking profits. It has already closed 20 as part of a plan announced

House of Fraser (HoF) witnessed a loss of 43.9 million pounds (59.6 million dollars) for the 12 months to December 31, 2017 against a profit of 1.5 million pounds (2.04 million dollars) a year before

London - Nanjing Cenbest, the parent company of House of Fraser Group Ltd. has confirmed that C.banner International, the Chinese owner of Hamleys iconic toy store chain, is set to acquire a 51 perce

London - C.banner International, the Chinese owner of Hamleys Toy chain, is said to be in discussion to acquire a stake in department store group House of Fraser according to a report. A statement re

Former House of Fraser’s executive and experienced fashion retail expert John King has been appointed CEO at Australian department store operator Myer. King held the reins at British fashion l

Department store chain House of Fraser is seeing many senior executive changes in the recent past. The latest to move out of the UK retailer, owned by China’s Sanpower, is Shahnila Rashid, com

London - Sanpower Group, the Chinese owner of British department store chain House of Fraser, has announced the launch of a new supply chain programme, designed to create a gateway for premium Chines