Tag : Debenhams
Debenhams reveals first stores to reopen Subscription
Debenhams has announced it will reopen 50 of its stores in England on 15 June, following the temporary closure of its store estate under coronavirus lockdown restrictions.
No immediate plans for new Debenhams CEOSubscription
Debenhams will be run by its existing senior team, including managing director for fashion and home Steven Cook, while it prepares for the next phase of its turnaround.
Further store closures loom at DebenhamsSubscription
Struggling department store chain Debenhams is in discussions with landlords about the possible permanent closure of a further five stores, and has saved two of its Hammerson-owned stores that were due to be taken over by Next.
Debenhams cuts hundreds of head office rolesSubscription
Debenhams has today cut hundreds of head office roles following its second collapse into administration earlier this year, and has revealed its plans to reopen stores next month.
Drapers analyses why UK retailers are choosing to wind down their Irish arms, and the impact it is having on the country’s retail scene.
Debenhams to shut five storesSubscription
Ailing department store Debenhams is to shut five stores in Hammerson shopping centres after failing to agree terms with the landlord.
Fashion brand consultant Elizabeth Stiles, who formerly worked in fashion buying and supplier account management for brands such as Urban Outfitters, Next, Miss Selfridge, New Look and Asda, reveals the common factors responsible for several retailers’ current troubles.
Erin Brookes, managing director and head of retail at Alvarez & Marsal, discusses how the restructuring firm behind Cath Kidston’s administration and footwear retailer Office’s sale process is spotting vulnerable retailers in the current retail climate.
Coronavirus: Debenhams snaps up discounted stockSubscription
Debenhams has been purchasing discounted clothing stock unwanted by other retailers to help fill gaps in its seasonal ranges.
What you may have missed from this weekend’s newspaper.
Debenhams warns on Welsh store closures Subscription
Debenhams’ chairman has warned the Welsh government that if it does not reverse its U-turn decision on business rates relief then the majority of its Welsh stores will not reopen after the coronavirus lockdown, putting around 900 jobs at risk.
Debenhams liquidates Irish business Subscription
Debenhams directors will commence a liquidation process on its Irish, Hong Kong and Bangladesh businesses today, after its UK arm collapsed into administration last week.
Debenhams appoints administrators Subscription
Struggling department store group Debenhams has today appointed advisory firm FRP Advisory as administrators, in order to protect the UK business from liquidation.
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.