Sports Direct buys House of Fraser for £90 million after “race against time”
By Declan Bush
10 August 2018
Sports retailer Sports Direct has swooped in to buy UK department store House of Fraser for £90 million (US$115 million) just as partners from EY were called in as administrators to the ailing department store.
House of Fraser was put in administration before being sold to Sports Direct. (Credit: iStock.com/tupungato)