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Debenhams

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Mike Ashley fails in bid to trigger investigation into struggling Debenhams

Digital Desk -
Businessman and Newcastle United owner Mike Ashley has failed in a bid to trigger an investigation into the financial affairs of struggling department store...
BUSINESS

Debenhams to shut seven UK stores with loss of 422 jobs

Digital Desk -
Debenhams has confirmed the closure of seven stores in England with the loss of 422 jobs after sliding into administration last week. The department store...
BUSINESS

Debenhams on brink of administration amid pandemic

Digital Desk -
Debenhams is expected to slide into administration in the coming days following the impact of coronavirus. It is understood that the UK department store chain,...
BUSINESS

Ted Baker dumps Debenhams for Next in childrenswear collaboration

Digital Desk -
Ted Baker has dumped Debenhams for high street rival Next as its fashion partner for selling its children’s range of clothing and accessories. Bosses at...
BUSINESS

Debenhams appoints turnaround expert as new CEO

Digital Desk -
Debenhams has appointed a turnaround expert to lead the business, as it prepares to close stores and rebuild performance after being put into administration...
BUSINESS

Philip Green’s Arcadia to hold knife-edge vote to decide future of 18,000 jobs

Digital Desk -
Philip Green’s retail empire faces a make-or-break vote on its future today as it seeks approval for its restructuring plans, deciding the fate of...
BUSINESS

Debenhams remains in hands of lenders after failed sale process

Digital Desk -
Beleaguered department store chain Debenhams will remain in the hands of its lenders after a sale process ended with no acceptable bids. The group of...
BUSINESS

Debenhams UK store closures put 1,200 jobs under threat

Digital Desk -
Debenhams is to close as a many as 22 stores, putting 1,200 jobs at risk across the department store chain. The group has announced a...
BUSINESS

Debenhams placed into administration after Mike Ashley offer rejected

Digital Desk -
Latest: Debenhams has been placed into administration and the retailer's lenders have seized control of the company. Terry Duddy, Debenhams chairman, said: "It is disappointing...
BUSINESS

Debenhams stores under threat in latest restructuring plans

Digital Desk -
The retailer is preparing documents for a company voluntary arrangement (CVA), a type of insolvency procedure which could help it reduce rents and shutter...
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