Tag : Debenhams
Suppliers have expressed concerns about Debenhams’ long-term future as the beleaguered department store chain prepares to enter administration amid the economic pressures of the coronavirus epidemic.
Debenhams files notice to appoint administrators Subscription
Department store Debenhams has today filed a notice to appoint administrators.
Debenhams prepares for fresh administration Subscription
Debenhams is preparing to file a notice of intention to appoint administrators as early as next week, as it continues to struggle amid the coronavirus outbreak.
The man with the plan for DebenhamsSubscription
Debenhams managing director of fashion and home Steven Cook is taking a regional and personalised approach to driving growth.
Debenhams defers concession paymentsSubscription
Debenhams is deferring all historic concession balances for 30 days, in a bid to mitigate the government’s “mandated” shut down of its store estate.
As retailers today face the quarter-year rent deadline, Drapers provides a rundown of the rent concessions requests already put to landlords as a result of the coronavirus crisis.
Coronavirus: Debenhams closes all UK storesSubscription
Debenhams has announced it will temporarily close its UK and Republic of Ireland stores from this evening.
Debenhams has written to landlords asking them to consider further rent cuts and store closures as part of its ongoing company voluntary arrangement (CVA), in order to avoid launching fresh insolvency proceedings.
Debenhams has asked landlords for a five-month rent holiday, starting immediately, as it struggles to deal with the disruption caused by the coronavirus outbreak.
Debenhams hunts for turnaround CEO successorSubscription
Department store chain Debenhams is undergoing a search for the replacement of its incumbent CEO, Stefaan Vansteenkiste, Drapers understands.