Sky News has reported that retail tycoon Mike Ashley, the owner of Sports Direct and House of Fraser, and a stakeholder in Debenhams, is competing with ScS to purchase online retailer

The news channel states that Mike Ashley has put up "a multi-million pound offer" for the business, and that KPMG, which is handling the deal, is expected to finalise it shortly. runs concessions in several House of Fraser stores, which Mike Ashley bought out of administration last summer, and plans were in place to expand this network prior to being declared for sale.  

ScS responded to recent speculation by confirming that it is in discussions regarding a potential acquisition, but that "there can be no certainty that a transaction will be concluded".