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Chinese owner of HoF, said to inject fresh funding into company

Amid growing fears concerning the future of struggling department store group House of Fraser, comes news that its Chinese owner is preparing to inject fresh capital into HoF. Sanpower, which holds an 89 percent stake in House of Fraser through its Shanghai subsidiary Nanjing Cenbest, is set to inject 15 million pounds into HoF, as part of its...

28 Mar 2018