House of Fraser saved by the bell? Sports Direct swoops in in £90m rescue bid
House of Fraser saved by the bell? Sports Direct swoops in in £90m rescue bid

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What a week: while life and the news cycle usually both slow down in the summer – giving InternetRetailing readers the chance to catch up on some stories that may have slipped past during the year – this week we have been treated to one of the biggest retail news stories of the year right in the middle of the holidays: the collapse and surprise rescue of House of Fraser by Sports Direct Group.

As we report today on House of Fraser being saved from collapse by Sports Direct we also can ponder what this means for both HoF and the High Street? Will Mike Ashley turn the department store into a ’Selfridges of Sports’ as he has said in the past he wants to do with Sports Direct, or will he use it to help shift his existing High End brands in parallel to Sports Wear in out of town shopping villages?

As the dust settles, our experts offer some views –…