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House of Fraser's new owners have rushed to assure suppliers it's back to business.

As reported yesterday on ragtrader.com.au, Australian creditors have been contacted following its collapse.

The Sports Direct group purchased the business in a pre-pack administration on Friday.

Now Sports Direct International deputy CFO Chris Wooton has now issued a letter to suppliers, obtained by ragtrader.com.au.

Wooton said a number of the Sports Direct team have joined new colleagues at House of Fraser, in a bid to create stability.

"We ask all concession partners to continue 'business as usual' for the next few days," he wrote.

"In return, the Sports Direct group will provide a guarantee to pay for all goods sold in the days since the acquisition on the same trading terms as previously agreed with House of Fraser.

"This guarantee will remain in place until the end of August 2019 in the first instance."

He said suppliers would be contacted directly in coming days.

"We understand the urgency of these meetings."

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