House of Fraser
This coverage examines House of Fraser’s role and performance in the UK retail sector, featuring updates on store operations, financial results, leadership changes, and brand strategy. Reporting explores how the company navigates challenges in the department store segment, offering insights for retail managers and executives assessing market positioning and commercial opportunities.
-
Dec- 2019 -12 DecemberOnline & Digital
Homebase rated ‘worst’ online retailer in the UK for 2019
Homebase has been rated the worst online retailer in the UK for 2019, according to the latest Which? Annual Online Shops Survey. Shoppers complained about the retailer ignoring complaints and selling products that were actually out of stock. Which? asked more than 7,500 members to rate the most popular online…
Read More » -
Nov- 2019 -28 NovemberPeople Moves
M&S hires former Arcadia exec as head of brand creative
Marks and Spencer has appointed Anthony Cassidy as its new head of brand creative. Cassidyy joins from Arcadia, where he is currently creative director across a number of the group’s brands. Marks and Spencer said Cassidy has a “diverse” range of experience including both in-house and agency roles at Portas…
Read More » -
26 November
Sports Direct International set to rebrand as Frasers Group
Sports Direct International is set to change its name to Frasers Group, the parent company of Sports Direct has revealed. The name change forms part of a new “multi-channel elevation strategy” that aims to provide “unrivalled multi-brand offering to customers across sport, lifestyle and fashion”. News of the rebrand comes…
Read More » -
18 NovemberHigh Street
Mike Ashley to seek turnover rents across Sports Direct Portfolio
Sports Direct owner Mike Ashley is reportedly seeking rent agreements with landlords that will see them linked to store performance. According to the The Sunday Times, Ashley has asked landlords to turnover rent agreements that will see up to 15% of the rent paid linked to store sales. It is…
Read More » -
Oct- 2019 -24 OctoberHigh Street
Sports Direct appoints RSM UK as new auditor
Sports Direct has announced the appointment of RSM UK Group as its new auditor with immediate effect. It ends a six-week hunt for a new auditor, after Grant Thornton announced it was stepping down from the position on 13 August 2019. At the time, the firm said “following a review…
Read More » -
24 OctoberPeople Moves
Debenhams poised to name Mark Gifford as new chairman
Debenhams is reportedly about to name Mark Gifford, former chief financial officer at House of Fraser, as its new chairman. According to Sky News, Gifford’s appointment as chairman of Debenhams holding company, Celine Holdings, could be revealed by the end of this week. His career included being the chief financial…
Read More » -
9 OctoberHigh Street
Links of London enters administration placing 350 jobs at risk
British jewellery brand Links of London has entered administration, placing around 350 jobs at risk. Matt Smith and Dan Smith, restructuring partners at Deloitte, have been appointed as joint administrators to the company. The brand is owned by the Greek Folli Follie Group, with headquarters in London, and sells luxury…
Read More » -
7 OctoberShopping Centres
Update: Sports Direct clarifies House Of Fraser store rumours
Sports Direct has moved to deny reports that it is looking to close the majority of its House of Fraser stores in the new year, claiming it has entered into new leases on the majority of House of Fraser stores. Previous coverage suggested that Sports Direct was either not paying…
Read More » -
1 OctoberAdvice
From clicks-to-bricks
2019 continues to be an extremely turbulent time for the retail sector. Barely a week goes by when we don’t hear of yet another, long-standing and well-established high street retailer beginning to crumble as it struggles to keep up with a number of online rivals. In fact, new figures released…
Read More » -
Sep- 2019 -18 SeptemberHigh Street
Sports Direct to ‘ignore’ deadline in hunt for new auditor
Sports Direct is still searching for a new auditor, amid reports that it could be forced to consult the government for guidance. The retail brand’s auditor Grant Thornton officially resigned after nine years, at the company’s AGM last week (11 September) following a £605m tax bill from Belgian authorities. Shareholder…
Read More »
