House of Fraser - Administration

Discussion in 'SMB' started by LondonBlackCat, Aug 10, 2018.

  1. Shame there wasn't another buyers like. Hate the way Ashley does business.
    Frijj likes this.

    OOOSH YEAH Central Defender

    Sad to see the fat twat has bought HOF. Was sad about it’s demise but now it will feel cheap. He couldn’t care lesss about his staff.
    shepherd88 likes this.
  3. Mackem Tommy

    Mackem Tommy Midfield

    People will always need their hair cut. Recession and online-proof. Likely be the only kind of shops we’ll see soon, apart from incredibly efficient clothing shops.
    ravydavygravy likes this.
  4. sima-hebburn

    sima-hebburn Winger

    NUFC have bought HOF, wafa is fuming
  5. Frijj

    Frijj Striker Contributor

    Looking forward to buying some Lonsdale trainers from House of Fraser.
  6. Wonder if it was fat Mike's plan all along? Become a minority shareholder, wait for it to go to the wall, step in to save it and then fill it with Lonsdale shorts at 2 for £5.
  7. buster

    buster Winger

    Fuck me , I’d have never have thought that would be the case, you learn something new every day.
  8. Confirmed

    Well done mr mike Ashley

    Rescued the scum and now rescues house of Fraser

    Knighthood beckons imo
    ilovehorswill likes this.
  9. Botchie

    Botchie Winger

    There was talk that Ashley would still put it into administration if he bought it. That could be to avoid the massive pension gap of £180 million. He could probably renegotiate the £5 million quarterly rent bill too. Interesting that he also has a 30% stake in Debenhams.
  10. How many clothes shops does Ashley own now then? Off the top of my head

    Van Mildert, Cruise, USC?
  11. Botchie

    Botchie Winger

    As above 30% of Debenhams. I wouldn't be surprised if that's his next target.
    shepherd88 likes this.
  12. Wilfy

    Wilfy Striker

    Flannels anarl doesn't he?
  13. Not sure on Flannels, wouldn't be surprised like. Feels like he owns all the clothes shop in the North East. I know at Cruise they were starting to put in place sports direct practices.
  14. sima-hebburn

    sima-hebburn Winger

    homebase, I can get me budlight & apple cider vinegar & crisps within 2 hours now at door (free delivery) from amazon, its game over for rest, morrisons did good teaming up with amazon.
    Maxnormal likes this.
  15. Banjo

    Banjo Full Back

    A twat but a fucking brilliant businessman!
    ozz likes this.
  16. :eek::D
    Fucking wanker
    Some Random Guy likes this.
  17. sima-hebburn

    sima-hebburn Winger

    :D got 60 bottle's for £30 V supermarkets @ 36 for £21
  18. Anar but ha way man. Bud light for fucks sake :D
    Vinyl Score likes this.
  19. PTR

    PTR Striker

    So it's actually sports direct that have bought it, rather than Ashley himself and it seems he plans to do some rebranding. Lol
  20. monolithic baby

    monolithic baby Midfield

    Cool does that mean the reason SD shut down at the Wheatsheaf Retail Park was to reopen as Binns?

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