House of Fraser to be sold off by Chinese owners

House of Fraser is being sold by its Chinese owners in the latest sign of upheaval on Britain's beleaguered high street.

House of Fraser to be sold off by Chinese owners
Tue, 06 Mar, 2018 - 14:51

House of Fraser is being sold by its Chinese owners in the latest sign of upheaval on Britain's beleaguered high street.

Sanpower-owned group Nanjing Xinjiekou Department Store is selling a majority 51% stake in House of Fraser to Chinese tourism group Wuji Wenhua.

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CourtsHeathrowPlace: BritainPlace: UKPlace: ChinaPlace: NanjingPerson: Yuan YafeiPerson: Mike AshleyOrganisation: House of FraserOrganisation: SanpowerOrganisation: Nanjing Xinjiekou Department StoreOrganisation: Wuji WenhuaOrganisation: Toys R UsOrganisation: MaplinOrganisation: House of FrasersOrganisation: Oriental Fraser
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