House of Fraser aims to axe more than half of its stores through a CVA. We discuss the proposals and whether they are enough to revive the department store’s fortunes.
The British Property Federation has hit out at House of Fraser after the beleaguered business revealed it plans to launch a CVA next month.
House of Fraser has proposed the closure of 31 stores through a CVA, details of which have now been revealed.
“Every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit.”