Debenhams

Debenhams to ask for 50% cut in business rates bills

Embattled department store Debenhams has reportedly planning to ask 30 local authorities to accept a 50% reduction in its business…

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Debenhams to close 22 stores with 1,200 jobs at risk

Department store chain, Debenhams has announced it is to close 22 stores putting 1,200 jobs at risk. The closures come…

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Debenhams CEO exits

Sergio Bucher, CEO of department store Debenhams, has stepped down from his role just a week after the company went…

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Debenhams CEO expected to step down

Debenhams CEO Sergio Bucher is expected to step down in the next few days, after lenders took control of the…

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Mike Ashley promises to ‘save’ Debenhams

Mike Ashley has made a promise to “save as many Debenhams stores and jobs” as he can similarly to House…

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Debenhams enters pre-pack administration

Debenhams has entered pre-pack administration and gone into the control of its lenders following the department store’s rejection of Sports…

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Sports Direct makes Debenhams £150m offer

Sports Direct has made an offer to Debenhams to underwrite £150m equity issuance in Mike Ashley’s latest attempt to take…

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Debenhams shareholders back Mike Ashley becoming CEO

Sports Direct has said a number of other shareholders in embattled department store Debenhams have expressed support in Mike Ashley…

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Debenhams advisors should be ‘put in prison’, says Mike Ashley

Mike Ashley has hit out at Debenhams after the department store agreed on a refinancing scheme which could see its…

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Debenhams bondholders to back £200m restructuring loan

Debenhams bondholders are expected to back a £200m restructuring loan, with a statement today claiming a majority had “provided consent…

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