House of Fraser

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Three House of Fraser stores set to close as talks fail - reports Hannah Abdulla | 24 Sep 18

Sports Direct owner Mike Ashley is to close three House of Fraser department stores after discussions with landlords regarding rent allegedly failed.


House of Fraser distribution dispute rumbles on Leonie Barrie | 31 Aug 18

The union representing staff members at House of Fraser's distribution depots in Wellingborough and Milton Keynes is again calling for an end to an ongoing dispute between operator XPO and House of Fraser’s new owner Sports Direct.


House of Fraser XPO distribution centres re-open? Beth Wright | 24 Aug 18

House of Fraser’s distribution centres in Wellingborough and Milton Keynes have reportedly re-opened today (24 August) following a dispute between the retailer's new owner Mike Ashley and site operator XPO Logistics over an unpaid bill.


House of Fraser cancels online orders amid dispute Michelle Russell | 17 Aug 18

UK department store retailer House of Fraser is cancelling all online orders and refunding customers following a reported dispute with its warehouse operator.


Sports Direct buys House of Fraser for GBP90m Beth Wright | 10 Aug 18

UK department store retailer House of Fraser has been bought by Mike Ashley's Sports Direct group in a GBP90m (US$115m) deal announced just hours after the chain went into administration.


House of Fraser to close 31 stores amid uncertain future Beth Wright | 6 Aug 18

UK department store retailer House of Fraser is to go ahead with the closure of 31 stores after the company settled a legal row with its landlords.


House of Fraser future in doubt as C.banner exits deal Michelle Russell | 2 Aug 18

The future of UK department store retailer House of Fraser has been thrown into doubt after its potential new owner, C.Banner, walked away from a rescue deal.


House of Fraser silent over "rescue talks" Michelle Russell | 31 Jul 18

Struggling UK department store retailer House of Fraser has declined to comment on reports it is in talks with Sports Direct owner Mike Ashley over a GBP50m (US$65.8m) rescue deal.


House of Fraser to shutter 31 stores, putting 6,000 jobs at risk Beth Wright | 7 Jun 18

House of Fraser is to shutter 31 of its 59 stores – including its London flagship - in a move that, if approved, will affect some 6,000 staff members as part of its efforts to restructure the company.


UK fashion retailers under fire over "abuse" of CVAs Michelle Russell | 30 May 18

UK fashion chains including House of Fraser and Mothercare are coming under fire from high street landlords who accuse the retailers of pushing them into accepting lower rents via increasingly controversial CVAs.


House of Fraser in FY net loss ahead of takeover Beth Wright | 11 May 18

House of Fraser's new Chinese owner has reported the UK department store retailer booked a loss of GBP37m (US$50.2m) in 2017, in what it called a "challenging" year for the company.


House of Fraser to close stores amid restructure deal Beth Wright | 2 May 18

House of Fraser is to reduce its store portfolio as part of a company restructure which will see Chinese retail group C.banner acquire a 51% stake in the struggling UK department store retailer.


House of Fraser enters into acquisition talks Michelle Russell | 25 Apr 18

House of Fraser has entered into talks with Chinese retail group and owner of Hamleys, C Banner International, over the potential purchase of a 51% stake in the struggling UK department store retailer.


House of Fraser receives £30m cash injection? Michelle Russell | 3 Apr 18

House of Fraser is understood to be receiving a GBP30m (US$42.2m) cash injection from its Chinese shareholder Sanpower Group in a move that could ease the UK department store retailer’s strained finances.


House of Fraser engaging suppliers in resource efficiency Beth Wright | 20 Mar 18

House of Fraser has partnered with global digital collaboration platform 2degrees in a move designed to drive a resource efficient supply chain by encouraging its suppliers to use a digital designed tool which enables them to more easily identify, investigate and implement resource efficiency gains across their operations.


House of Fraser trading chief Hollins steps down Beth Wright | 22 Feb 18

House of Fraser has named David Walker-Smith as its chief product and trading officer, replacing Maria Hollins who is to leave the business to pursue new opportunities.


House of Fraser appoints apparel buying head Michelle Russell | 30 Jan 18

UK department store retailer House of Fraser has named Reiss executive Simon Pickering as its new head of buying for apparel, just weeks after posting "disappointing" Christmas sales.


House of Fraser offloads brands amid "disappointing" Christmas Beth Wright | 11 Jan 18

House of Fraser has posted "disappointing" Christmas sales and finalised the terms of the sale of the brand names no longer used in the UK to Guangzhou Sunrise Trading Limited for a cash consideration of GBP30m (US$40.5m).


House of Fraser transformation proves costly Beth Wright | 20 Sep 17

The GBP25m cost of re-platforming House of Fraser's ecommerce business, along with significant discounting, took their toll on first-half profits at the department store retailer.


House of Fraser opens first sustainable store Michelle Russell | 25 Aug 17

UK department store retailer House of Fraser has opened its first sustainable store in Northamptonshire, at a cost of GBP12m (US$15.4m).


House of Fraser appoints Williamson chief executive Michelle Russell | 11 May 17

UK department store retailer House of Fraser has appointed Alex Williamson as chief executive in a move it says is designed to put further emphasis on delivering a premium experience.


House of Fraser buys premium fashion brand Issa Michelle Russell | 8 May 17

UK department store retailer House of Fraser has acquired London-based premium fashion brand Issa, underpinning its strategy to invest in improving the quality and designs of its most popular House brands.


House of Fraser moves to FY profit but warns on volatility Michelle Russell | 18 Apr 17

House of Fraser has moved to a profit in its last fiscal year thanks to double-digit online sales growth but the UK department store retailer has warned trade remains volatile.


Real animal fur sold as faux fur on UK high street Michelle Russell | 10 Apr 17

Four types of animal fur have been found in products sold on the UK high street, but marketed to shoppers as faux fur.


House of Fraser taps new digital director Beth Wright | 10 Jan 17

UK department store group House of Fraser has confirmed the hiring of former Marks & Spencer executive David Seeby as its new digital director.


House of Fraser opens first store in China Beth Wright | 22 Dec 16

UK department store group House of Fraser has expanded into China, opening its first store in the country today (22 December) in a move it says is a "strong finish" to 2016.


House of Fraser CEO Oddy steps down Beth Wright | 28 Nov 16

Nigel Oddy, the CEO of UK department store retailer House of Fraser, is to step down after less than two years in the role.


House of Fraser eyes global growth on positive H1 Michelle Russell | 27 Sep 16

UK department store group House of Fraser is positioning itself as a global brand with the opening of its first store in China later this year, and has revealed increased earnings in its first-half.


House of Fraser outlook optimistic on positive FY Michelle Russell | 13 Apr 16

UK department store retailer House of Fraser said it is cautiously optimistic for the year ahead as it revealed positive sales and margin growth in its last financial year and its first pre-tax profit for a decade. 


House of Fraser taps Asos exec for new buying and design role  Katie Smith | 29 Mar 16

UK department store retailer House of Fraser has appointed Asos's global product and trading director Maria Hollins to the newly-created role of executive director for buying and design. 

1

3

...

11

just-style homepage



Forgot your password?