It has also noted that the House of Fraser concession business accounted for 2.7% of the group’s total order intake for the 12 weeks period.
The retailer is also planning to work collaboratively with affected employees to re-deploy them wherever possible.
S cS Group CEO David Knight said: “I would like to take this opportunity to thank all of our colleagues who have worked in our House of Fraser concessions over the past few years for their dedication and hard work.
“We are pleased to announce that we have continued to trade well in the core S cS business in the first 12 weeks of our financial year. We will continue to focus on our successful value offering proposition, coupling this with the excellent service that S cS provides and that our customers know and love.”
The company has reported a flat 1.2% growth in like-for-like orders during the 12 weeks period and noted that it will continue to trade in line with the expectations.