House of Fraser (HoF) owner Mike Ashley is reportedly preparing to transform up to seven of the chain's stores into a new luxury mini-chain called Frasers. According to the Guardian, sources say Ashl

Mike Ashley’s Sports Direct is reportedly set to close its packing facility in Wigan, Greater Manchester on June 13, resulting in 300 job losses. Workers from the Wigan warehouse were informed

Debenhams has announced the agreement of a 200 million pound refinancing lifeline with its lenders as the embattled retailer continues to fend off a takeover bid by Mike Ashley's Sports Direct. In a

Mike Ashley’s Sports Direct has offered to buy Debenhams’ Danish business, Magasin Du Nord, for 100 million pounds. The move comes as part of Ashley’s ongoing takeover bid for the

Debenhams has asked its existing lenders for a 200 million pound cash injection as it continues to fend off a takeover bid from Mike Ashley’s Sportsdirect. In a statement on friday, Debenhams s

Mike Ashley’s Sports Direct released a new statement on Thursday requesting a meeting of shareholders at Debenhams in a bid to appoint Ashley to the company’s board. The statement also re

Debenhams has said it will give “careful consideration” to a 150 million pound interest-free loan offered to the company by Mike Ashley’s Sports Direct. The loan was offered in a st

Cycling clothing, accessories and equipment brand Evans Cycles is set to close three more stores this month, bringing the total number of closures to eight since the chain was bought by Sports Direct

Retail tycoon Mike Ashley has announced his intention to take over the struggling department store chain Debenhams. Sports Direct International announced through a statement that it has requisitioned

The business empire of Sports Direct owner Mike Ashley saw profits drop by 64 percent to 102.5 million pounds for the year to end-April 2017, from 227.7 million pounds the year before. Accounts file

A company owned by Sports Direct’s Mike Ashley is facing a fine for filing accounts six months late. Mash Holdings was supposed to file its accounts on 23 July 2018, but has not yet done so, me

Sports Direct and shopping centre giant Intu have struck a deal to save four House of Fraser stores which were set to close in early 2019. The stores in the Norwich, Metro Centre, Lakeside and Nottin

Struggling UK retailer House of Fraser has suffered a difficult Christmas trading period, with sales dropping year-on-year in the 12 weeks up to December 18, according to Kantar Worldpanel figures re

Sports Direct owner Mike Ashley has lashed out at Debenhams after the UK retailer refused his offer of a 40 million pound cash injection, according to the Daily Telegraph. In a letter published by th

High-end fashion retailer Flannels has been granted 125,000 pounds relief from business rates tariffs by a local council to prevent one of its sites remaining derelict. Flannels, which is owned and o

London - House of Fraser owner Mike Ashley spoke to parliament this week to give evidence about the UK's ailing high streets. Ashley, who faced criticism for his company's takeover of struggling reta

House of Fraser (HoF) has confirmed that its flagship Manchester store which was set to be shut amidst a spate of HoF closures will in fact remain open, saving around 568 jobs, the Manchester Evening

Owner of Sports Direct Mike Ashley has threatened to close all 17 of his stores in Intu Properties' shopping centres, after the landlord refused to accept Ashley’s terms on four House of Fraser

Sports Direct owner Mike Ashley announced the closure of half of Evans Cycles’ stores despite the advice by administrators that “almost all the stores were profitable,” according to

House of Fraser (HoF) is to shut four more of its stores following a spate of recent closures since the UK retailer was bought out of administration by Mike Ashley's Sports Direct in August. HoF stor

While Mike Ashley’s Sports Direct, the new owner of the troubled department store chain House of Fraser is putting in efforts to save the latter's stores from closing, The Guardian report says

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

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

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.

London - Billionaire Mike Ashley, owner of Sports Direct, is reportedly keen on expanding his portfolio once more as he is said to have set his sights on acquiring Brixton Village and Market Row, a

Value sportswear retailer Sports Direct has upped its stake in struggling department store Debenhams once more in its latest round of increases. According to a stock market filing on Monday, Sports D

London - Billionaire Mike Ashley has been named the Chief Executive Officer of his own sportswear company Sports Direct, following the resignation of former CEO Dave Forsey. The move sees Ashley taki

New insights into near abominable staff working conditions at Sports Direct, one of Europe's largest retailers, has led to founder Mike Ashley facing renewed accountability for the company's failings

London - Billionaire Mike Ashley is said to have have been outbid in the race for Debenhams Ireland, as Debenhams Group is believed to be the preferred bidder to acquire its Irish business out of exa

London - Sir Philip Green, the former owner of BHS, has apologised to the company's employees for the collapse of the store and pledged to sit down with the pensions regulator and discuss the pensio