Sports Direct has again attacked what it called ‘greedy landlords’ as it agrees terms on 20 House of Fraser stores
Sports Direct has again described landlords as ‘greedy’ as it negotiates with store landlords over the future of House of Fraser branches.
‘I am disappointed that in my opinion a small number of greedy landlords still refuse to be reasonable. We've showed what we can achieve on the British high street when we work together with landlords,’ said Mike Ashley, Sports Direct cheif executive.
‘I would like to thank those landlords who have helped us to rescue approximately 3,500 jobs at the stores we have saved to date. I am calling on everybody to pull together, including landlords and local authorities in order to help to save as many House of Fraser stores and jobs as possible on the great British high street.’
The chain has agreed revised rents on 20 of the 59 House of Fraser stores: Altrincham, Aylesbury, Birkenhead, Camberley, Carlisle, Darlington, Doncaster, Grimsby, High Wycombe, Lincoln, London (Oxford Street), Middlesbrough, Plymouth, Skipton, Telford, Huddersfield, Leeds, Maidstone, Solihull and Sutton Coldfield.
However Edinburgh, Hull and Swindon will close after revised terms were not agreed.
Ashley attacked landlords last month after House of Fraser was bought for £90m.