×
103
Fashion Jobs
UNDER ARMOUR
sr. Manager, HR Operations - Apac
Permanent · HONG KONG
SHISEIDO
Manager - Talent Management, Human Resources
Permanent · Hong Kong
SHISEIDO
Senior Manager - Marketing, Shiseido And Drunk Elephant
Permanent · Hong Kong
PUMA
Specialist, IT Service Delivery
Permanent · Hong Kong
AESOP
Digital Project Manager, Asia
Permanent · Hong Kong
SHISEIDO
Senior Officer/Officer - Business Planning, Nars And Bare Minerals
Permanent · Hong Kong
SHISEIDO
Assistant Manager - Demand And Operations Planning, Ipsa
Permanent · Hong Kong
PUMA
Garment Technician
Permanent · Hong Kong
PUMA
Senior Manager Technical Material Apparel
Permanent · Hong Kong
SHISEIDO
Manager - Retail Experience And Operations, Nars
Permanent · Hong Kong
SHISEIDO
Manager - Marketing, Shiseido Fragrance Division And dg Beauty
Permanent · Hong Kong
AESOP
Retail Consultant | Hong Kong And Macau
Permanent · Central
SHISEIDO
Senior Manager, Finance And Accounts
Permanent · Hong Kong
UNDER ARMOUR
sr. Professional, Environmental Sustainability
Permanent · HONG KONG
UNDER ARMOUR
sr. Professional, IT Infrastructure
Permanent · HONG KONG
UNDER ARMOUR
Accountant
Permanent · HONG KONG
UNDER ARMOUR
sr. Professional, Apac Reporting & Analytics, Supply Chain
Permanent · HONG KONG
SHISEIDO
Accounting Assistant, Finance And Accounts
Permanent · Hong Kong
LOVISA
Christmas Team Member - Telford Plaza
Permanent · KOWLOON BAY
LOVISA
Christmas Team Member - Mira Place
Permanent · TSIM SHA TSUI
LOVISA
Part Time Sales Associate - Mira Place
Permanent · TSIM SHA TSUI
PUMA
Junior Developer Fabric Apparel
Permanent · Hong Kong
Published
Aug 29, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

House of Fraser closure list due Thursday, tense talks continue

Published
Aug 29, 2018

House of Fraser is expected to announce which of its stores will close and which have been saved on Thursday as negotiations with landlords continue and the company’s new owners accuse some of being greedy.


House of Fraser should announce which stores will close on Thursday


A number of stores have already been saved, but with negotiations advancing slowly, there is speculation that as many as a dozen sites could be shuttered. This is despite Mike Ashley, who controls new owner Sports Direct, having hoped to keep 80% of the stores in operation.

House of Fraser’s earlier CVA filing would have seen more than half of the locations closing with only 29 remaining.

As well as Telford, Plymouth and London’s Oxford Street having been confirmed as among those saved yesterday,  it has emerged that stores in Middlesbrough, Darlington and Carlisle have also been given a reprieve.

But there's no news yet on the retailer’s other London flagship or on its historic Beatties store in Wolverhampton.

Ashley has blamed “greedy landlords” for any potential closures, although many voices in the property sector have hit back, saying that the stores are frequently owned by pension funds that need to ensure an income for their stakeholders, or by smaller companies that simply can't afford to go without their rental income for long periods of time.

Melanie Leech, CEO of the British Property Federation, said the talks between HoF and the landlords were a two-party process and “one party simply can’t cry ‘unfair’ when it doesn’t get what it wants.”

Copyright © 2022 FashionNetwork.com All rights reserved.