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Friday, November 27, 2020
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Debenhams

Mike Ashley fails in bid to trigger investigation into struggling Debenhams

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

Debenhams to shut seven UK stores with loss of 422 jobs

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...

Debenhams on brink of administration amid pandemic

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,...

Ted Baker dumps Debenhams for Next in childrenswear collaboration

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...

Debenhams appoints turnaround expert as new CEO

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

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

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...

Debenhams remains in hands of lenders after failed sale process

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...

Debenhams UK store closures put 1,200 jobs under threat

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...

Debenhams placed into administration after Mike Ashley offer rejected

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...

Debenhams stores under threat in latest restructuring plans

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

Latest news

Americans travel home for Thanksgiving despite coronavirus surge

Millions of Americans took to the skies and the roads ahead of Thanksgiving at the risk of pouring petrol on the coronavirus fire, disregarding...

France warns masks and social distancing will remain after vaccine

France’s health minister says his country is readying to start administering Covid-19 vaccines in late December. But Olivier Veran has warned that people will still...

Owl rescued from New York Christmas tree returns to the wild

An owl that was rescued from the Rockefeller Centre Christmas tree has been released back into the wild. The tiny Saw-whet owl was named Rockefeller...

Suspect in Swiss knife attack had tried to travel to Syria

Police in Switzerland say a woman suspected of carrying out a knife attack that is being investigated as possible terrorism formed an online relationship...

Iran says British-Australian academic freed in exchange for three Iranians

Iran has released detained British-Australian academic Kylie Moore-Gilbert in exchange for three Iranians held abroad, according to Iran state TV. Ms Moore-Gilbert was a Melbourne...
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