Tag : Debenhams
Debenhams’ decision to close up to 50 stores, cut costs by an additional £30m and reduce its capital expenditure by more than half will set the business up for future success, chief financial officer Rachel Osborne has told Drapers.
‘Desperate’ retailers discount autumn stockSubscription
High street and online retailers across the UK have launched discounts on new-season products, as warm temperatures dampen demand for autumn stock.
As landlords ready themselves for restructurings at Debenhams and Arcadia Group, retailers fear that already struggling high streets will become “ghost towns” if they make widespread store closures.
£1m pay packet for Debenhams boss Subscription
Debenhams boss Sergio Bucher was paid £1m during his first year in the top job at the department store.
Industry insiders outline the challenges and opportunities facing Amazon’s new vice-president for fashion.
Ashley Debenhams coup is a 'protection' playSubscription
As the power struggle between the board of Debenhams and Mike Ashley reached boiling point this week, industry stakeholders remain unconvinced that the involvement of the Sports Direct tycoon would revive the department store’s fortunes.
Ashley demands position on Debenhams boardSubscription
Sports Direct has called for a general meeting of Debenhams to appoint Mike Ashley to the board of directors.
Ashley expected to vote down Debenhams CVASubscription
Sports Direct owner Mike Ashley is expected to vote against Debenhams company voluntary arrangement in the crucial vote later today.
Mike Ashley’s shock revolt at Debenhams’ shareholder meeting could be the first salvo in an attempt to gain control of the business, retail experts have said.
In the week leading up to Black Friday, one by one retailers are unveiling their discounts. Drapers brings you a roundup of the latest offers.