Home / Knowledge / News / Fashion / House of Fraser terminates takeover talks

House of Fraser terminates takeover talks

Mar '06
Department store chain House of Fraser Plc informed that "very preliminary talks regarding a possible offer for the company have ceased."

The company will be announcing preliminary results for the 52 weeks ended 28 January 2006 on 24th March 2006, which will state that in the 6 weeks since 29th January 2006 like for like sales were down 1.4 percent compared to the same period last year, whilst total sales were 16.2 percent up including the Beatties and Jenners acquisitions.

The company previously announced that it expected "...trading conditions to be difficult for at least the first half of 2006 and, in spite of continuing focus on costs, we expect some additional cost pressures in the next twelve months." This position is unchanged.

House of Fraser Plc - The group's principal activity is the operation of department stores throughout Great Britain and Ireland. For accessories, it offers designer sunglasses, handbags, shoes and jewellery. Womenswear brands include Hobbs, Mexx and Sticky Fingers. Menswear brands include Ted Baker, Ben Sherman and Simon Carter.

Accessories brands include Dior and Versace sunglasses, Lola Rose and Mikey jewellery, Dolce & Gabbana watches and Moschino and Billy Bag handbags. Childrenswear brands include Timberland (newborn) and Ted Baker Girls. In January 2005, the group disposed of Swansea store.

House of Fraser Plc

Must ReadView All

Pic: Shutterstock

Textiles | On 29th Feb 2020

Nepal's pashmina sector gets European Union boost

A new project funded by the European Union to strengthen Nepal's path ...

Pic: Shutterstock

Apparel/Garments | On 29th Feb 2020

Coronavirus outbreak hits Thai garment industry

The coronavirus outbreak has been affecting the Thai apparel industry ...

Pic: Shutterstock

Retail | On 29th Feb 2020

Indian govt clarifies on sourcing of goods from SEZs

Goods procured from units in special economic zones (SEZs) by...

Interviews View All

Top executives, Association

Top executives

'Support and Outreach' huge relief for MSMEs

Janak Dhamanwala & Sunil Dhamanwala, Jansun

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli, Epson, For.Tex & F.lli Robustelli

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Marcus Hardelauf,

Marcus Hardelauf

Germany-based Textechno is one of the leading manufacturers of testing...



Italtex is a leading studio publishing fabric trend-books since 1959....

Devendra Gupta,

Devendra Gupta

Reforce, a start-up based in Gurgaon, aims to revolutionise the fitness...

Justin Gutierrez, INDA

Justin Gutierrez

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Igor Chapurin, Chapurin

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

February 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search