Mike Ashley’s Frasers Group to close six Jack Wills stores

City A.M. | Jan 16, 2020 at 11:45 AM
  • High street fashion brand Jack Wills has announced it will shut six stores, blaming “unhelpful” landlords for the closures.
  • Frasers Group has also called on the government to urgently reform the business rates system.
  • Prior to the Frasers Group acquisition, Jack Wills had been experiencing mounting cash flow pressures in recent years as it struggled in an increasingly challenging high street environment.