Story Edition - Dublin House of Fraser to come under control of Sports Direct

 
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Wednesday, August 22, 2018

4:15:00 AM CEST

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Geolocation Information

Place : Dublin
Geo Path : Dublin,Dublin City,Dublin,Ireland
lat : 53.3416   lon : -6.25735

Quotes... Extracted quotes

Mike Ashley said: "This is a massive step forward and further enhances our strategy of elevation across the Group. " External link

southwalesargusFriday, August 10, 2018 6:01:00 PM CEST

Alex Williamson said: “We are hopeful that the current negotiations will shortly be concluded. An acquisition...will see House of Fraser regain stability, certainty and financial strength,” External link

irishtimesFriday, August 10, 2018 11:30:00 AM CEST

Philip Hammond told: "This is about international tax arrangements, because most of the online businesses are international businesses. Britain has led the way in making the case for changes to the international tax system," External link

trustFriday, August 10, 2018 5:35:00 PM CEST

Frank Slevin said: "This has been an extraordinarily challenging six months in which the business has delivered so many critical elements of the turnaround plan. " External link

thanetgazetteFriday, August 10, 2018 12:06:00 PM CEST

Mike Ashley said: "This is a massive step forward and further enhances our strategy of elevation across the Group. This will benefit both House of Fraser and Flannels in the luxury sector. We will do our best to keep as many stores open as possible. " External link

belfasttelegraphFriday, August 10, 2018 3:43:00 PM CEST

Alex Williamson said: “We are hopeful that the current negotiations will shortly be concluded. "An acquisition of the 169-year-old retail business will see House of Fraser regain stability, certainty and financial strength. "In the two weeks since the Cenbest and C.Banner transaction ceased, the directors have brought forward a number of potential buyers and the group’s financial advisors have run a comprehensive merger and acquisition process to identify and then develop other third-party interest that has culminated in the senior secured creditors leading negotiations with parties at a critical pace” External link

kentonlineFriday, August 10, 2018 11:59:00 AM CEST

Richard Lim said: “This is a hugely ambitious move for Sports Direct,” External link

omanobserver-omFriday, August 10, 2018 7:04:00 PM CEST

Mike Ashley said: "We will do our best to keep as many stores open as possible," External link

trustFriday, August 10, 2018 5:35:00 PM CEST

Frank Slevin said: "This has been an extraordinarily challenging six months in which the business has delivered so many critical elements of the turnaround plan. Despite the very recent termination of the transaction between Cenbest and C.Banner, I am confident House of Fraser is close to securing its future" External link

kentonlineFriday, August 10, 2018 11:59:00 AM CEST

Rebecca Long Bailey said: “Staff will undoubtedly be concerned about what the sale means for their wages and conditions,” External link

omanobserver-omFriday, August 10, 2018 7:04:00 PM CEST

Richard Lim added: "Individual circumstances need to be accounted for. The demise of House of Fraser in many ways has been the result of poor leadership, paralysis in innovation and crippling levels of debt," External link

southwalesargusFriday, August 10, 2018 6:01:00 PM CEST

Alex Williamson said: "We are hopeful that the current negotiations will shortly be concluded. " External link

cambridge-newsFriday, August 10, 2018 9:25:00 AM CEST

Mike Ashley said: “This is a massive step forward and further enhances our strategy of elevation across the Group. This will benefit both House of Fraser and Flannels in the luxury sector. We will do our best to keep as many stores open as possible. It is vital that we restore the right level of ongoing relationships with the luxury brands. Our deal was conservative, consistent and simple. My ambition is to transform House of Fraser into the Harrods of the High Street” External link

thetelegraphandargusFriday, August 10, 2018 5:58:00 PM CEST

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Subtitles

  • UK retailer House of Fraser snapped up by sports chain
  • Sports Direct snaps up British retailer House of Fraser
  • Mike Ashley vows to keep as many House of Fraser stores open as possible following £90m rescue
  • ...
  • Sports Direct snaps up House of Fraser for 90 million pounds
  • Sports Direct buys House of Fraser from administrators for £90 million
  • UK man pleads guilty to plotting van attack on London street

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