All Department stores articles – Page 44
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NewsDebenhams sale process lambasted by Sports Direct’s Ashley
Sports Direct tycoon Mike Ashley has complained that the administrators of Debenhams are not conducting a “genuine” sale process.
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NewsDebenhams boss Sergio Bucher exits
Debenhams boss Sergio Bucher is stepping down, just days after lenders took control of the embattled business.
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NewsDebenhams poised to name Duddy as boss as Bucher exits
Terry Duddy is understood to have been lined up to take charge of Debenhams following the likely departure this week of chief executive Sergio Bucher.
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NewsSports Direct lawyers clash with Debenhams administrators
Lawyers for tycoon Mike Ashley’s Sports Direct have written to the administrators of Debenhams alleging a conflict of interest.
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NewsDebenhams owners hire turnaround expert
Debenhams’ new owners are set to appoint a turnaround chief just one day after seizing control of the business.
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NewsAshley labels Debenhams administration ‘national scandal'
Sports Direct founder and Debenhams’ largest shareholder Mike Ashley has vowed to “save as many Debenhams stores and jobs as I can” in an explosive stock exchange announcement.
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AnalysisAnalysis: What next for Debenhams?
Debenhams’ lenders took control of the department store business today through a pre-pack administration, and a sale is now likely to be pursued.
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OpinionDebenhams needs renewed purpose post-administration
The redundancy of Debenhams’ once-vaunted claim to be ‘Britain’s favourite department store’ was sadly laid bare as it fell into a pre-pack administration today.
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NewsDebenhams put up for sale following administration
Debenhams has been put up for sale after lenders took control of the department store group through a pre-pack administration.
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CartoonRetail cartoon: Debenhams faces Mike's lie detector
Patrick Blower’s take on Mike Ashley demanding members of Debenhams’ board take a lie detector test, as he tries to take control of the department store group.
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NewsDebenhams' lenders poised to take control as Sports Direct spurned
Debenhams’ lenders are expected to take control of the department store group after conditions for further funding were not met and no deal was struck with potential buyer Sports Direct.
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NewsPre-pack looms as Debenhams shuns Ashley
Debenhams has rejected Sports Direct’s offer to underwrite a £150m equity issue, bringing the department store business one step to closer to pre-pack administration.
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NewsAshley offers to underwrite Debenhams equity issue
Sports Direct boss Mike Ashley proposed to underwrite a £150m equity raise for existing Debenhams shareholders but has also called for members of the department store group’s board to take a lie detector test.
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NewsFortnum & Mason to open first flagship in Asia
Luxury retailer Fortnum & Mason is opening a flagship branch in Hong Kong, its first standalone store in Asia.
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NewsSports Direct urges Debenhams shareholders to revolt
Sports Direct has piled further pressure on Debenhams by urging its shareholders to revolt against a £200m funding lifeline.
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NewsDebenhams to Ashley: Back us or it's an administration
If Debenhams cannot strike an agreement with top shareholder Mike Ashley, a pre-pack administration is likely.
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NewsUpdate: Ashley lashes out as Debenhams refinancing plans backed
Mike Ashley has slammed Debenhams advisers after bondholders backed the embattled retailer’s £200m refinancing plans.
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NewsSports Direct considers £61.4m offer for Debenhams
Sports Direct is weighing up an offer for Debenhams that would value the department store group at £61.4m.
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AnalysisAnalysis: Can retailers survive the rise of direct to consumer?
Brands are increasingly cutting out the retail middlemen and selling direct to the consumer. How can retailers survive this growing retail phenomenon?
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OpinionOpinion: Debenhams vs Mike Ashley – who to back?
It is beyond belief that Debenhams has constantly slammed the door shut on Sports Direct tycoon Mike Ashley’s attempts to help it through its difficulties.