House of Fraser customers are becoming increasingly concerned that gift cards for the department store will not be honoured amid silence from new owner Sports Direct.
Sports Direct boss Mike Ashley has launched a stunning assault on minority shareholders in the retailer, accusing them of stabbing him in the back over the departure of chairman Keith Hellawell.
London’s blue-chip index climbed back above the 7,300 mark on Wednesday as rising oil prices helped to push up commodity stocks.
Sports Direct board members have discussed a possible merger between Debenhams and House of Fraser, a company director has revealed.
Keith Hellawell has announced his retirement from Sports Direct after nine tumultuous years as chairman.
Sports Direct chairman Keith Hellawell has said he will step down from the company, ending a controversial nine-year tenure in the role.
Newcastle United owner and Sports Direct boss Mike Ashley is considering an appeal after being dealt a blow by a High Court judge.
Sports Direct boss Mike Ashley faces the prospect of an embarrassing shareholder revolt this week with investors set to admonish the firm over corporate governance failures.
House of Fraser’s store in the Telford Centre is to stay open under a deal secured by the retailer’s new owner, Sports Direct.
Game Digital has said that full year revenue is expected to edge down and profit will continue to come under pressure as it renegotiates store leases with landlords.