Mike Ashley Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/mike-ashley/ Latest Jewelry News From All Around The World Mon, 24 Sep 2018 12:20:38 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 New House of Fraser Owner Reveals Fate of Stores https://www.thejewelrymagazine.com/new-house-of-fraser-owner-reveals-fate-of-stores/ https://www.thejewelrymagazine.com/new-house-of-fraser-owner-reveals-fate-of-stores/#respond Mon, 24 Sep 2018 12:20:38 +0000 https://www.thejewelrymagazine.com/?p=10870

House of Fraser’s new owner, Mike Ashley, has revealed the fate of the department store’s outlets around the UK. While the Sports Direct tycoon, who bought the chain out of administration for £90m last month, has been able to save the majority of stores, he announced three will close. Mike Ashley has been in talks […]

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]]> https://www.thejewelrymagazine.com/new-house-of-fraser-owner-reveals-fate-of-stores/feed/ 0 Retail mogul Mike Ashley steps in to save House of Fraser for £90m https://www.thejewelrymagazine.com/retail-mogul-mike-ashley-steps-in-to-save-house-of-fraser-for-90m/ https://www.thejewelrymagazine.com/retail-mogul-mike-ashley-steps-in-to-save-house-of-fraser-for-90m/#respond Fri, 10 Aug 2018 10:51:15 +0000 https://www.thejewelrymagazine.com/?p=9603

It’s been confirmed that Mike Ashley’s Sports Direct chain has stepped in to save House of Fraser, acquiring all its UK stores, the brand and all stakes in the business for £90m. The retail tycoon and owner of Newcastle United sealed the deal earlier today after closing an agreement to buy the department store chain […]

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