Yuan Yafei

2 results

The embattled House of Fraser department store has appointed KPMG to advise on a restructuring plan for the business. Photograph: Dominic Lipinski/PA Wire

Embattled department store House of Fraser has appointed KPMG to advise on a restructuring plan for the business which could involve store closures an(...)

Sanpower chairman Yuan Yafei said he would open a flagship “Oriental Fraser” store in Nanjing next year, four franchise stores in Russia and two in Abu Dhabi over the next two to three years. Photograph: Sean Dempsey/PA Wire

Sanpower chairman Yuan Yafei plans to bring House of Fraser to Russia and the Middle East following his company’s takeover of the UK department store (...)