House of Fraser news and archive

House of Fraser jumps on loungewear trend with ‘In-In’ collection

House of Fraser is the latest brand to embrace this year’s skyrocketing loungewear trend with the launch of a new ‘In-In’ collection “encouraging people to get dressed up in the comfort of their own homes” as the festive party season begins. The 44-piece loungewear collection, which includes a range of styles from satin chemises to velvet robes,...

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Business

Sports Direct's H1 profits rise, bullish on recovery at House of Fraser

Group revenue for the first half year at Sports Direct International was up 14 percent to 2,043.5 million pounds (2,740 million dollars), which the company said was largely due to acquisitions contributing 222.5 million pounds, growth in premium lifestyle, growth in wholesale and licensing and the full period of revenue from House of Fraser....

Business

Sports Direct to rebrand as Frasers Group

Sports Direct International is to rebrand as Frasers Group in December as part of the company’s elevation strategy. The UK sportswear giant is expected to formally rebrand after its shareholder meeting 16 December. Following its acquisition of House of Fraser, Sports Direct is upgrading its profile and consumer position, which also owns luxury...

ResearchPress Release

DRASTIC CHANGES NEEDED AT HOUSE OF FRASER TO ENTICE SHOPPERS BACK, SAYS GLOBAL DATA

To give House of Fraser the best chance of survival, Sports Direct and its owner Mike Ashley must make drastic changes to both its product proposition and store environment to entice shoppers back says GlobalData, a leading data and analytics company. This will require significant investment – something which the chain has been starved of in...

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Business|ANALYSIS

House of Fraser on the lookout for eleventh hour salvation after C.Banner walks away

British fashion retailer House of Fraser has seen its future compromised after Chinese investment firm C.Banner walked away from a rescue deal that included acquiring a majority stake in the apparel chain as well as a 70 million pounds cash injection. C.Banner was thought to have planned to take control of the struggling department store chain...

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Business|ANALYSIS

House of Fraser looking for the eleventh hour escape from going into administration

In an attempt to revert its failed financial plans, the department store chain has launched a dramatic restructuring that involves closing more than half of its 59 stores to cut costs. The plan has angered landlords and investors alike, prompting House of Fraser management to seek for support from the Government. Back in May, it was announced...

Business

Former House of Fraser’s CEO takes the reins at Australian department stores Myer

Former House of Fraser’s executive and experienced fashion retail expert John King has been appointed CEO at Australian department store operator Myer. King held the reins at British fashion label House of Fraser, a business he restructured and eventually sold to Sanpower in 2014. Commenting the appointment, Myer Executive Chairman Garry...

People

House of Fraser appoints Chief Product and Trading Officer

House of Fraser has announced the appointment of David Walker-Smith, who will be joining the company’s executive team as Chief Product and Trading Officer. The company said, reporting to the company’s Chief Excutive Alex Williamson, Walker-Smith will be joining House of Fraser on March 12, 2018. He replaces Maria Hollins who will be leaving the...

People

Paddy Earnshaw to join House of Fraser as Chief Marketing Officer

House of Fraser has announced the appointment of Paddy Earnshaw as Chief Marketing Officer. The company said, he joins the company on 30th October and will report directly to Alex Willamson, Chief Executive Officer. “I am delighted to announce the appointment of Paddy Earnshaw as our new Chief Marketing Officer. Paddy brings a wealth of digital,...