Debenhams

Debenhams to ‘close 20 stores’ in CVA plan

Debenhams could reveal plans to close 20 stores as this week, the embattled department store chain will announce it has…

Read More »

Moss Bros eyeing Debenhams interim chair

Fashion retailer, Moss Bros is looking at Debenhams interim chair Terry Duddy to replace its outgoing chair Debbie Hewitt. Duddy,…

Read More »

Moodys lowers Debenhams and New Look ratings

Financial services firm Moodys has changed the outlook for both New Look and Debenhams from stable to negative amid both…

Read More »

Debenhams chairman ousted by Mike Ashley

The chairman of Debenhams, Sir Ian Cheshire, has resigned with immediate effect after Mike Ashley and other shareholders voted him…

Read More »

Debenhams suffers sales struggle over Christmas

Department store chain Debenhams has reported a 3.4% drop in group like-for-like (LFL) sales for the six weeks to 5…

Read More »

Mike Ashley asks Debenhams to ‘reconsider’ £40m offer in ‘frustrated’ email

Mike Ashley has asked Debenhams to “reconsider” his £40m investment offer which he described as “a very public statement of…

Read More »

Debenhams ratings downgraded by Moody’s

Debenhams has had its ratings downgraded for a second time in two months by ratings agency Moody’s. Moody’s Investors Service…

Read More »

Debenhams to close 50 stores amid record £491m loss

Debenhams has announced it will close 50 stores after reporting a record annual loss of £491.5m in the year to…

Read More »

Debenhams ‘could close a third of its stores’

It is rumoured Debenhams could be closing up to a third of its stores following a series of profit warnings…

Read More »

Debenhams merchandising director leaves amid trouble with insurers

Debenhams merchandising director Adele Calderwood has reportedly stepped down following yesterday’s news that the company’s insurers had pulled out. Calderwood,…

Read More »