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Tag : Debenhams

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  • Debenhams and mike ashley

    Sports Direct offers Debenhams last-minute £150m lifeline Subscription

    News8 April 2019

    Sports Direct’s Mike Ashley has tabled a last-minute £150m cash injection for Debenhams on the condition that he is named chief executive of the department store chain. 

  • 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. 

  • Debenhams 002

    Debenhams suppliers ‘in the dark’ as pre-pack looms Subscription

    News2 April 2019

    Debenhams suppliers have told Drapers they have been “left in the dark” and fear for the future, as the department store chain prepares to restructure, which may result in a pre-pack administration.

  • Sports Direct in Thurrock

    Sports Direct mulls launching customer creditSubscription

    News1 April 2019

    Mike Ashley is considering launching a consumer credit facility in a bid to boost Sports Direct’s growth. 

  • Sports Direct in Thurrock

    Debenhams shareholders 'support Mike Ashley' in becoming CEO Subscription

    News1 April 2019

    Sports Direct Group says it has been contacted by Debenhams shareholders expressing their support for the appointment of Mike Ashley as Debenhams’ CEO. 

  • Debenhams 3by2

    Debenhams secures temporary lifelineSubscription

    News29 March 2019

    Debenhams has agreed a £200m refinancing deal with its existing lenders that leaves the door open for Sports Direct to formally table an offer for the business. 

  • Debenhams and mike ashley

    Mike Ashley lambasts Debenhams' refinancing planSubscription

    News29 March 2019

    Sports Direct CEO Mike Ashley has responded to bondholders backing Debenhams’ refinancing plan, claiming that “if there were any justice in the world, the majority of the advisers would be put in prison”.  

  • Debenhams 3by2

    Debenhams to relocate London HQSubscription

    News28 March 2019

    Debenhams is relocating its head office on London’s Regent’s Place to its flagship store on Oxford Street later this year, as part of its restructuring programme. 

  • Debenhams lingerie index

    Debenhams bondholders back refinancing plansSubscription

    News28 March 2019

    Debenhams’ refinancing plans, which included asking lenders for a £200m cash injection, have been approved by bondholders.

  • Sports Direct in Thurrock

    Sports Direct would offer £61m for DebenhamsSubscription

    News27 March 2019

    Sports Direct has given more detail on its possible cash offer for Debenhams, which would block the department store chain from entering a company voluntary arrangement (CVA) or pre-pack administration.