House of Fraser’s owner Sports Direct vehemently denied a report on Monday that most stores will close after the Christmas trading period as it responded to a story suggesting HoF was ready to exit most of its stores.
The news around LK Bennett may have gone fairly quiet since the failed company was acquired out of administration by its Chinese franchise partner, but it has emerged that the company owed almost £32m to creditors.
The British public's expectations for inflation in five years' time have jumped to their highest in more than a decade, data showed on Friday, in a possible sign of concern about the economic outlook after Brexit.
Philip Day, the owner of Edinburgh Woollen Mill Group, has withdrawn from the race to buy collapsed fashion label LK Bennett. He had made a last-minute offer for the upmarket clothing brand hours before the deadline.
The bidders for failed footwear and fashion chain LK Bennett are believed to include shoe retailer Dune. Offers have been lodged this week and a preferred buyer for the company should be chosen within the next few days