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House of Fraser closures - not Dundrum

  • 07-06-2018 8:13am
    #1
    Closed Accounts Posts: 3,378 ✭✭✭


    House of Fraser have announced that 31 of their 59 stores are to close in a CVA (company voluntary arrangement - sort of like examinership process here)

    Before the hysterical media try to create sensationalist headlines suggesting Dundrum may be part of it, the legal papers lodged in Edinburgh do not list Dundrum as a store marked for closure and specifically says that Dundrum is excluded as it is a separate legal entity and therefore not even part of the UK CVA process.


    So the D4 and foxrock ladies can relax :)


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