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House of Fraser and Frasers are a British department store chain with 26 locations across the United Kingdom and 2 in Ireland, part of Frasers Group. It was established in Glasgow, Scotland, in 1849 as Arthur and Fraser. By 1891, it was known as Fraser & Sons. The company grew steadily during the early 20th century and in 1936 began a period of ...
In 1954, Harrods was purchased by House of Fraser, and D H Evans become a trading arm within the Harrods group. A second D H Evans store was added in Wood Green, London in 1980, and the Oxford Street store was refurbished twice between 1982 and 1985. [2] In 2001, the store was rebranded under the House of Fraser name. [3]
House of Fraser itself was acquired by Icelandic investment company, Baugur Group, in late 2006, and then by Sports Direct on the 10 August 2018. [2] The Victoria Street department store, finally trading under the name, House of Fraser, was situated in the City of Westminster, to the south of St. James's Park. It is the only department store to ...
A deal has been agreed for the Darlington store to stay open.
In January 2021, it was announced that the Jenners House of Fraser store in Edinburgh was closing for good and 200 jobs would be lost. [71] In February, Frasers offloaded their 25% stake in French Connection. [72] In April 2021, the group announced it had doubled the hit it expects to take from the coronavirus pandemic to £200 million. [73]
Hugh Fraser, 1st Baron Fraser of Allander (15 January 1903 – 6 November 1966), was the grandson of Hugh Fraser I, and the father of Sir Hugh Fraser, 2nd Baronet. He inherited his father's shop and built it into the large retail chain now known as House of Fraser .
House of Fraser was saved from administration on the 10 August 2018 by Sports Direct, when they agreed to buy the assets of the business, the stores, brand and the stock, for £90 million in cash on a pre-packaged insolvency basis. [82] The biggest collapse was Debenhams in 2021, which closed after 243 years of business. [83] [84]
The Harrods group, along with Kendals, was taken over by House of Fraser in 1959. [2] The store continued trading as Kendals until 2005, [2] when the store was renamed House of Fraser Manchester. Despite the re-branding of Kendals, the 'Kendal, Milne and Co' name is still clearly visible on marble fascias above the store's entrances.