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House of Fraser bought by Sports Direct for £90m

Earlier today, House of Fraser went into administration after talks between the retailer and its creditors failed to reach an agreement.

All of its 59 shops were set to open as usual on Friday, including the 31 that had already been marked for closure.

House of Fraser – which began trading 169 years ago – employs 17,500 people, including 11,500 concession staff.

Sports Direct said in a statement: “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 already held an 11% stake in the department store chain.

Mr Ashley’s plans for the stores chain are not clear, but could include rebranding some stores as Sports Direct.

Previously he had said he wanted to turn the sporting goods fashion chain, which he founded in 1982, into “the Selfridges of sport”.

As well as 750 Sports Direct stores, Mr Ashley has investments in Debenhams and French Connection and owns the clothing chain Flannels.

Earlier on Friday, House of Fraser had gone into administration after rescue talks had “not concluded in…

House of Fraser Launches Label Lab Menswear

LONDON, March 10, 2011 /PRNewswire/ -- House of Fraser has announced the launch of Label Lab Menswear, a new and exclusive menswear range.

With a sense of faded grandeur, Label Lab is heavily inspired by the offbeat style of London's East End. Integral to the brand is a commitment to design and individuality, aiming to appeal to musicians, artists and free thinkers alike.

The urban casualwear men's clothing collection features lived-in leather shirts, biker jackets and work-wear inspired denim. Ticking striped shirts in heavy woven cotton, distressed raw-edged jersey, and the obligatory printed t-shirt form essential style must-haves which give the new label its individual DNA.

A monochrome palette of bone white and washed-out vintage shades of black are punctuated by off-colour hues that give the collection its authentic, worn-in feel. Oil stained earthy shades, faded blood red and chalky sun-bleached blues work well in a variety of deconstructed shapes and cuts.

Drop-crotch khaki denim trousers look great worn with cherished vintage high-tops, while crumpled leather shirts add textural depth to the collection. Interest is added through print in the form of 'Op' art graphics and surrealist Victorian style prints across a wide range of men's t-shirts.

The marketing…

Plymouth's House of Fraser set to close in March 2026

Plymouth’s House of Fraser is set to close in March 2026, Plymouth Plus can reveal.

Signs have today been placed in windows of the department store informing shoppers, “this store will be closing in March 2026”, and "please shop online".

The Plymouth store is now one of only 12 House of Fraser locations still open across the UK. Despite the closure, Frasers Group reported a pre tax profit of £290.9m in its most recent half year results to October.

The company said growth has been driven by Sports Direct and improved margins within its premium and luxury brands, particularly Flannels.

The prominent Plymouth building occupies a full city block with entrances on Armada Way, New George Street and Royal Parade. The six storey site, which also includes a basement, has been marketed for sale for several years.

An earlier asking price of £4m was reduced after a proposed sale failed to complete. In August 2022, a purchase was described as "imminent", but no deal materialised and the property returned to the market in June 2024 for around £3m.

The building forms part of a wider city centre estate acquired by British Land…