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Sports Direct Buys House of Fraser for £90 Million

Sports Direct agreed to acquire all of the retailer’s UK stores, as well as the brand name and inventory. The move came after House of Fraser's discussions with investors and its main secured creditors haven’t "concluded in a solvent solution."  
House of Fraser store exterior on Oxford Street in January 2022.
House of Fraser will close its Oxford Street store in January 2022. Shutterstock. (Shutterstock)
By
  • Bloomberg

LONDON, United Kingdom

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