The shock of the planned House of Fraser closures has been followed up by intense speculation with analysts debating the chances of the firm’s CVA being approved by its creditors, as well as HoF’s long-term prospects.
Children's art supply brand Crayola has released a 53-piece color cosmetics line in partnership with Asos. The vegan and cruelty-free line offers 95 different shades in the brand's signature crayon packaging.
House of Fraser has revealed its CVA and the worst fears of its staff and landlords have been realised as it has confirmed that it wants to close 31 stores, including its longstanding flagship on London's Oxford Street.
The Honest Company announced it has received a $200 million strategic investment from consumer-focused private equity firm L Catterton. Honest Beauty will roll out in 7 European countries starting next spring.
House of Fraser kept everybody who is following the story of its CVA plans on tenterhooks Wednesday with the expected update not materialising by close of business but rumours suggested over half its stores will close.
A new shopping destination opening in September in Birmingham has been sold for a headline price of £94 million to M&G Real Estate. It is 91% pre-let to retailers including Marks & Spencer, JD Sports and Next.