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Mike Ashley tells House of Fraser bosses to head for the exit

Sports Direct has sacked the senior management team at House of Fraser, including the chief executive Alex Williamson, as it continues to make its mark on the struggling department stores chain.

In a brief announcement to the stock exchange late yesterday afternoon, Britain’s largest sportswear retailer said: “Following the collapse of House of Fraser on August 10, 2018, and subsequent calls for an investigation into the circumstances of that collapse, the company today announces that we have dismissed the former directors and senior management of House of Fraser.”

Sports Direct, founded by Mike Ashley, did not make any further statement or clarification detailing how many staff members had left or who had replaced them.

Click here for the full Times article (£)

Click here for the full Telegraph article

Click here for the full Guardian article

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