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Virgin Holidays’ House of Fraser concessions to shut despite rescue deal

News
James Chapple
13 August 2018

Virgin Holidays has confirmed six of its House of Fraser concessions will shut despite Sports Direct owner Mike Ashley’s £90 million rescue deal for the embattled department store chain.

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Ashley’s buyout will see all 59 House of Fraser outlets remain open after it was announced in June the store’s troubles had forced it to pursue a “fundamental” restructure, which included the closure of 31 of its high street premises.


A Virgin Holidays spokesperson though has confirmed its planned concession closures would go ahead.