House of Fraser retail turnover in the United Kingdom (UK) 2011-2017
House of Fraser under Sports Direct
Between 2014 and 2018, House of Fraser was owned by the Chinese department store group Nanjing Xinjiekou, until Sports Direct stepped in and acquired the retailer in August 2018. With the House of Fraser buy-out, financial performance of the brand from August 2018 to April 2019 reflected as a revenue of over 330 million British pounds.
HoF’s shrinking market share
House of Fraser has long been in business on the high street like its competitors Debenhams and Marks & Spencer. In a retail atmosphere where e-commerce poses serious challenges to high street retailers today, long-standing department stores including House of Fraser face shrinking shares in the UK apparel market.