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Baugar in administration - Sky News

8 replies

Sherbert37 · 04/02/2009 10:14

That's House of Fraser, Iceland, Oasis, Karen Millen, Goldsmiths and others. Like a pack of cards. There will truly be nothing left in our town centre.

OP posts:
Hassled · 04/02/2009 10:16

BBC link here

Depressing as hell.

morningpaper · 04/02/2009 10:18
Shock
LIZS · 04/02/2009 10:19

Not a huge surprise given their funding source but I'm sure many of the brands will be bought by the likes of Philip Green

VanillaPumpkin · 04/02/2009 10:19

Am glad I spend my House of Fraser vouchers this weekend, but very to hear this.

MitchyInge · 04/02/2009 10:20

someone will bail them out, don't panic

Peachy · 04/02/2009 10:20

Blimey!

won't affect us too badly (but house of fraser and Iceland here) but OMG! All those poor poeple in employment with them!

CountessDracula · 04/02/2009 10:28

blimey

KingRolo · 04/02/2009 13:22

House of Fraser say trading will not be affected and I expect many of the others will be bought out, as Lizs said.

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