How can House of Fraser relaunch under Sports Direct’s ownership?
By Staff writer
It beats being bought for a pound like Homebase (?90 million isn’t too shabby), but House of Fraser’s acquisition by Sports Direct is nonetheless an odd retail story.
By Staff writer
It beats being bought for a pound like Homebase (?90 million isn’t too shabby), but House of Fraser’s acquisition by Sports Direct is nonetheless an odd retail story.
Hilco recently bought Homebase for a shocking £1. House of Fraser is closing down 31 stores and Toys R Us and Maplin went into administration in February. But how have these household names plummeted to such lows?