Debenhams - CDE News - The Dispatch

Almost 90% of Debenhams stores still lie empty a year after collapse

Nearly 90% of former Debenhams stores remain empty almost a year after the department store closed its doors for the last time, in a sign of the challenge to reinvent…

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Britain’s Debenhams to close last stores by May 15

British department store retailer Debenhams will permanently close its remaining stores on May 15, bringing the curtain down on 242 years of trading. Debenhams, founded in London in 1778, started…

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Debenhams stores in Britain to close permanently

All Debenhams stores in Britain will close permanently as part of the sale of its brand and website to online retailer Boohoo, its administrators said on Monday. "I expect that the agreement…

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Authentic Brands plotting double takeover of Debenhams, Arcadia

Authentic Brands is plotting a double takeover of collapsed department store chain Debenhams and Topshop-owner Arcadia Group, The Daily Telegraph newspaper reported, citing sources. Authentic Brands, owner of the New…

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JD Sports backs away from Debenhams talks

JD Sports’ rescue of Debenhams is now in peril. JD Sports is backing away from talks with Debenhams administrators after an exclusivity period ended without an agreement to salvage the…

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JD Sports emerges as surprise contender to buy Debenhams

JD Sports has emerged as a serious contender to rescue Debenhams, in a potential takeover that would significantly escalate its high street rivalry with Mike Ashley. The company is understood…

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Next to open five beauty halls in former Debenhams stores in the UK

British clothes retailer Next will open five standalone beauty halls in former Debenhams stores across the country as a first step in its ambition to become a new force in…

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Debenhams to close five stores in the UK with loss of 1,000 jobs

Debenhams is to shut five stores after failing to reach agreement with its landlords over rent, resulting in 1,000 job losses. The beleaguered chain was already in administration but has…

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Debenhams to file for bankruptcy

Fashion retailer Debenhams is expected to call in administrators after the struggling department store was forced to close all its outlets under the coronavirus lockdown. The company, which has 22,000…

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Debenhams appoints chairman

British department store group Debenhams said Mark Gifford, a former chief financial officer at rival House of Fraser, had been appointed as the chairman of its parent group Celine Jersey…

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Debenhams names Stefaan Vansteenkiste CEO

Struggling British department store group Debenhams on Thursday named turnaround specialist Stefaan Vansteenkiste as its new chief executive, promoting him from the chief restructuring officer role he took on in…

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Debenhams restructuring approved

The creditors of struggling British department stores group Debenhams on Thursday backed a restructuring plan that will see 22 stores closed next year, putting 1,200 jobs at risk. Debenhams' lenders…

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1,200 persons set to lose job as Debenhams is set to close 22 stores, plans to close 50 by end of year

The new owners of Debenhams say they plan to shut up to 50 stores, placing thousands of jobs at risk, as they move to shore up the chain's future. The…

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Debenhams goes into administration

Debenhams has gone into administration with control passing to the struggling department store chain's lenders. The Independent reports that the company's 165 stores will initially continue to trade but 50 have been…

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Debenhams in talks for £150 million pounds loan

Department store chain Debenhams announced that it was in advanced talks with its lenders for additional loans of about £150 million. The announcement comes days after Mike Ashley, one…

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UK : Fears grow for Debenhams as fortunes rapidly deteriorated

Debenhams has parachuted in a team of top company doctors to draw up emergency turnaround plans as a full-blown crisis threatens to engulf the troubled department store chain. The retailer…

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Sunday Morning Briefing

Good morning, The news of the possible death of 'ambassador' and Professor Joseph Mifsud makes it Maltese and International headlines in view of the alleged links between Trump's campaign office…

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