vibram-october
vibram-october

Filter Your Content:

View All sports outdoor cycling running fitness
Aug 10, 18

Sports Direct snaps up House of Fraser

{desc}

Sports Direct International plc has bought House of Fraser for £90 million.

House of Fraser, who employ 17,500 people, went into administration early on Friday morning after talks with its creditors failed to reach an agreement.

Sports Direct’s Mike Ashley already owned 11 per cent of House of Fraser before Friday’s acquisition.

A statement from Sports Direct said: “The Group has acquired all of the UK stores of House of Fraser, the House of Fraser brand and all of the stock in the business.”

Mike Ashley had previously stated that he wants to turn Sports Direct into the Selfridges of sport, however, his plans for the department store chain are yet to be revealed.

More Pictures

More pictures
brand1

Get all the latest trade news free straight to your inbox

Enter your email address:

Insight Update
A bumper year of sport ahead

A bumper year of sport ahead

WITH the new year now in full swing, new research has revealed that sports and exercise will be at the forefront of new year resolutions for Brits.

read article
1000 Mile Sportswear Limited

1000 Mile Sportswear Limited

Unit N, Penfold Trading Estate, Watford , WD24 4YY

view profile

Get your FREE digital subscription! Sports Insight is available on your mobile device

kindle-logo ios-logo google-logo

download

Tennis - Australian Open

January 14 - 27 , Melbourne

Para-alpine skiing - World Championships

21 January - 01 February , Kranjska Gora, Slovenia and Sella Nevea, Italy

Cricket - West Indies v England, first Test

January 23 - 27 , Barbados
  

Works With: