Sports Direct hits back over HoF closures speculation
Sports Direct has lashed out at reporting over the weekend which said it was planning to close down its entire House of Fraser store estate after Christmas.
The retailer have threatened The Sunday Telegraph with possible legal action, after it ran a story over the weekend which claimed that owner Mike Ashley was looking to close the struggling House of Fraser department store chain.
According to the story, Ashley is either not paying rent or is about to end House of Fraser leases âfor the vast majorityâ of the remaining sites, including 59 stores, three office buildings and two warehouses, in the new year.
The story also refers to âfresh papers from administrators EYâ, which it claimed backed up its story.
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