More than 600 jobs at risk at XPO Logistics as House of Fraser fallout continues

XPO Logistics trailer
 

More than 600 jobs at XPO Logistics are at risk after the collapse and subsequent sale of House of Fraser to Sports Direct, which has left the operator owed £30.4m. The department store group initially agreed a company voluntary arrangement in June. The business was subsequently put into administration with EY, and then the majority of assets sold to Mike Ashley’s Sport Direct for £90m on the 10 August. Sports Direct has been a major shareholder in the retail chain […]