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Tag : Moody's

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  • M&s moorgate 3

    Moody's downgrades Marks & Spencer's outlookSubscription

    News14 January 2020

    Credit ratings agency Moody’s has downgraded Marks & Spencer’s outlook after the retailer underperformed in the 13 weeks to 28 December.

  • Shop direct

    Shop Direct's credit rating under review by Moody's Subscription

    News25 October 2019

    Credit ratings agency Moody’s has placed Shop Direct’s credit rating under review after its losses grew by 645% in the 52 weeks to 30 June as a result of a £241m provision for customer redress payments for historical shopping insurance sales.

  • Dsc01492

    New Look credit rating further upgraded Subscription

    News12 June 2019

    Credit ratings agency Moody’s has upgraded New Look for the second time in as many months, after the retailer completed its financial restructuring plan.

  • 3082330 guildfordhighstreet

    Moody's downgrades retail sector Subscription

    News21 May 2019

    The European retail industry is set for a “negative” 12-18 months, after Moody’s Investors Service demoted its outlook from stable to negative.

  • Jan 2019 new look 2

    Moody's upgrades New LookSubscription

    News13 May 2019

    Credit ratings agency Moody’s has upgraded New Look’s corporate family rating and probability of default rating, following the completion of its restructuring plan. 

  • Debenhams 20180820 102102

    Moody's downgrades DebenhamsSubscription

    News4 April 2019

    Credit ratings agency Moody’s has downgraded Debenhams as a restructuring looks set to involve losses for the department store’s financial creditors. 

  • 140313 debenhams 001 1

    Moody's reassesses New Look and Debenhams Subscription

    News17 January 2019

    Credit ratings agency Moody’s has downgraded New Look’s senior secured notes rating and changed the outlook on Debenhams’ corporate family rating and probability of default rating from stable to negative.

  • Aberdeen_House_Of_Fraser.com_Seating

    Moody’s to withdraw House of Fraser ratingSubscription

    News14 August 2018

    Credit ratings agency Moody’s has downgraded House of Fraser by three notches and will withdraw all of its ratings to reflect the “high expected losses” for financial creditors as a result of its pre-pack sale to Sports Direct last week.

  • Hof ww

    Outlook gloomy for department stores, says MoodysSubscription

    News23 January 2018

    Traditional department stores will continue to “struggle” in 2018 and an improvement in credit quality is “unlikely” following a weak Christmas, ratings agency Moody’s has said.

  • ph17 ce 52 shot 06 097 fin

    Moody’s downgrades DebenhamsSubscription

    News8 January 2018

    Credit ratings agency Moody’s has downgraded Debenhams to reflect its concerns that “volatile” trading conditions in the UK have increased the risks surrounding the retailer’s turnaround strategy.

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