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House of Fraser CVA approval green lights 31 store closures

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House of Fraser creditors have voted in favour of proposals laid out in its CVA, which will see the closure of more than half of its store estate and potentially 6000 job cuts. The CVA, which was first launched on June 6, includes plans to close 31 of House of Fraser’s 59 UK and Ireland stores and cull up to 2000 directly-employed staff and a further 4000 across brands and concessions

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House of Fraser CVA approval green lights 31 store closures

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