House of Fraser

The new Mulberry Portobello tote

Financial

Mike Ashley Takes Stake in Mulberry Group

The controversial Ashley founded Sports Direct and owns the House of Fraser retail chain.

clock February 3, 2020Samantha Conti

Shaving brushes.

Beauty Features

Men’s Beauty, Grooming Retailer Beast Inks Deal for U.K. Rollout 

The British retailer, which focuses on niche brands and high levels of service, will roll out to 20 Fraser and Flannels stores.

clock October 9, 2019Samantha Conti

L.K. Bennett spring 2017 campaign

Mergers and Acquisitions

Byland U.K. Ltd. Buys L.K. Bennett Out of Administration, Saving 21 Stores, 325 Jobs

Byland was set up by the brand’s Chinese franchise partner, Rebecca Feng.

clock April 12, 2019Fiona Ma

Debenhams store

Retail

Debenhams Files for Administration After Rejecting Mike Ashley’s Takeover Deal

Shareholders’ stakes have been wiped out and the company has suspended trading, but commercial operations are still running. 

clock April 9, 2019Natalie Theodosi and Fiona Ma

The Pretty Green store in Newcastle

Retail

JD Sports Buys Pretty Green Out of Administration

The company plans to shutter 11 stores and 33 concessions in House of Fraser, putting 97 jobs at risk.

clock April 5, 2019Natalie Theodosi

The Pretty Green store in Newcastle

Retail

Liam Gallagher’s Pretty Green Now in Hands of Bankruptcy Administrators

The company has sought bankruptcy protection just two years after an 11 million pounds injection from Rockpool Investments.

clock April 1, 2019Samantha Conti

House of Fraser's flagship store on Oxford Street in London

Retail

Mulberry’s Plunge Captures Uncertainty as House of Fraser Drama Unfurls

New owner Mike Ashley is faced with mounting debt and the industry wonders how he will repair relationships.

clock August 20, 2018Fiona Ma

Mulberry RTW Spring 2018

Retail

Mulberry Shares Drop 30%, Profits to Be Hit by House of Fraser

The brand expects to spend 3 million pounds to cover costs resulting from the retailer’s troubles.

clock August 20, 2018Fiona Ma

British department store House of Fraser.

Fashion Scoops

New Report Highlights House of Fraser’s Mounting Debt to Brands

The department store owes millions of pounds to its creditors including Giorgio Armani and Mulberry.

clock August 17, 2018Fiona Ma

Debenhams store

Fashion Scoops

Debenhams to Cut Jobs Amid Restructuring

The cuts occur after the British retailer issued three profit warnings this year.

clock August 17, 2018Natalie Theodosi

House of Fraser store

Retail

House of Fraser Shuts Down Web Site Amid Payment Disputes With Suppliers

The retailer reportedly has at least 50,000 unfulfilled online orders.

clock August 16, 2018Fiona Ma

House of Fraser outlet at Fremlin Walk

Fashion Scoops

Mike Ashley to Turn House of Fraser into ‘Harrods of the High Street’

Ashley wants to stock Gucci and Prada among other luxury brands.

clock August 14, 2018Fiona Ma

House of Fraser flagship store in Oxford Street

Business Features

Good Sport? Industry Wonders How Ashley Will Handle House of Fraser

House of Fraser could be the biggest challenge yet for Sports Direct tycoon Mike Ashley in a cold climate for British high-street retail.  

clock August 13, 2018Samantha Conti

Mike Ashley

Retail

Mike Ashley Pays 90 Million Pounds for Bankrupt House of Fraser

The troubled retailer called in Ernst & Young early Friday, hours before a distressed sale to retail tycoon Mike Ashley.

clock August 10, 2018Samantha Conti

Sir Philip Green and Kate MossTop Shop show, Front Row, Spring Summer 2018, London Fashion Week, London, UK - 17 Sep 2017

Fashion Scoops

Topshop, ShangPin Terminate China Partnership by Mutual Agreement

Topshop confirmed it is exploring new opportunities in the region.

clock August 9, 2018Samantha Conti

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Essentialist

Today's Must Read

Roberto Cavalli-RTW-Fall-2019

Business

EXCLUSIVE: Roberto Cavalli CEO to Exit Company

clock 3hLuisa Zargani

Social Studies