House of Fraser struck a £1m “sweetheart” deal with landlords to drop their legal challenge to its company voluntary arrangement (CVA) days before it went into administration, Drapers can reveal....
Footfall to retail locations around the UK fell by 0.8% in July as the warm weather turned consumer’s attention to eating and drinking out....
House of Fraser’s new owner Mike Ashley said he will try to keep 80% of the department store chain’s 59 stores open and will add successful “cool brands of the moment”....
Former LK Bennett and BHS chief executive Darren Topp has joined Retail Executives, a specialist fashion and retail recruitment firm, as chairman....
Credit ratings agency Moody’s has downgraded House of Fraser by three notches and will withdraw all of its ratings to reflect the “high expected losses” for financial creditors as a result of its pre-pack sale to Sports Direct last week....
Susanne Ehnbåge has taken the reigns at Lindex following her appointment as chief executive in January....