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House of Fraser creditors owed £484mSubscription
House of Fraser’s unsecured non-preferential creditors, including suppliers, are thought to be owed around £484m, a report from administrator EY has shown.
River Island launches homewareSubscription
River Island is launching a homeware collection for the first time for autumn 18.
Fashion sales fallSubscription
In-store fashion sales fell 2.8% for the week to 12 August compared with 2017, the BDO High Street Sales Tracker shows.
House of Fraser cancels all online orders Subscription
House of Fraser has cancelled all online orders, following “significant delays” with deliveries.
Seafolly branches into ChinaSubscription
Australian swimwear brand Seafolly is launching online in China later this summer through Tmall.
Marks & Spencer is replacing switchboard staff with artificial intelligence to increase the speed it deals with customer complaints and queries.
Exclusive: Redundancies loom at Debenhams Subscription
Debenhams is making up to 90 roles redundant in its fashion and home team as it “simplifies its structure”, Drapers can reveal.
The owner of Edinburgh Woollen Mill Group, Philip Day, is in talks with a group of landlords to take over several House of Fraser stores, Drapers understands.
House of Fraser website pulled offlineSubscription
House of Fraser’s website has been taken offline amid a dispute with warehouse operator XPO Logistics.
Arcadia slams ‘unbalanced’ and ‘unfair’ BHS report Subscription
Arcadia owner Taveta Investments has slammed the Financial Reporting Council’s (FRC) report into the 2014 audit of Taveta and BHS, saying it was “unbalanced” and “unfair”.