ScS & Mike Ashley battle it out for

3250 Mike Ashley
// ScS confirms ambitions to takeover
// Mike Ashley also reportedly eyeing up the furniture retailer
// was put up for sale last month

Furniture retailer has caught the attention of two major retail players, with rival ScS and Mike Ashley both expressing interest in taking over the business.

In a statement to the market on Tuesday, furniture and flooring retailer ScS confirmed it wanted to acquire, which was put up for sale last month.

However, there was no certainty a deal would go ahead.

The news comes after Sports Direct’s majority owner Mike Ashley reportedly approved a multi-million pound bid for, according to Sky News. has concessions in House of Fraser, which Sports Direct bought out of administration in August last year.

ScS also has concessions in department store chain, but after they delivered lower sales and earnings in October it announced it would withdraw from seven House of Fraser stores. subsequently revealed it would be taking the place of ScS across its House of Fraser concessions.

Ashley and ScS are reportedly the two remaining bidders in’s sales process, which is being handled by KPMG.

Ashley’s expression of interest in buying marks the third business he is trying to acquire since the start of the year, alongside attempts to buy HMV and Patisserie Valerie out of administration.

In addition, given he has a significant 29.7 per cent stake in Debenhams, he played a key role in ousting Debenhams chairman Sir Ian Cheshire off the board earlier this month.

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