Debenhams
Debenhams’ New Beauty Strategy at Forefront of Restructuring Plans
The department store will roll out its new "lab" space concepts across 20 medium-sized stores by the end of…
Debenhams Names 22 Stores to Close in 2020
In the first phase of the struggling retailer's restructuring plan, 1,200 jobs could be lost.
Debenhams to Close 22 Stores Next Year, Threatening 1,200 Jobs
Debenhams, the embattled department-store chain that was taken over by lenders earlier this month, plans to…
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Sergio Bucher Steps Down as Debenhams CEO After Refinancing
A search for his successor has begun, and that person will likely be a turnaround expert.
Byland U.K. Ltd. Buys L.K. Bennett Out of Administration, Saving 21 Stores, 325 Jobs
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Debenhams Enters Administration, Store Closures Ahead
Debenhams has entered a form of U.K. insolvency proceedings that allowed U.S. hedge funds and other lenders…
Debenhams Files for Administration After Rejecting Mike Ashley’s Takeover Deal
Shareholders' stakes have been wiped out and the company has suspended trading, but commercial operations are…
Debenhams Rejects Mike Ashley’s Latest Rescue Offer
Debenhams rejected Mike Ashley's latest rescue offer, increasing odds that shareholders will get wiped out as…
Mike Ashley Weighs Offer Valuing Debenhams at $81 Million
Billionaire Mike Ashley is considering an offer that would value troubled U.K. department-store chain…
Sports Direct Mulls Takeover Bid for Debenhams
Sports Direct International may make a cash offer to buy all the Debenhams shares it doesn't currently own…
Debenhams Paves Way for New Loan From Lenders in Blow to Ashley
Debenhams asked bondholders to approve further lending from its secured creditors, rebuffing attempts by…
Debenhams Warms to Ashley After Billionaire Steps Up Bid
The 150 million-pound proposal matches the loan that Debenhams has said it's negotiating with creditors.
Debenhams Falls After Scrapping Guidance on Rescue Talks
Debenhams fell as the UK department-store scrapped profit guidance after saying talks with creditors will be…
Debenhams Creditors Prepared to Lend More to Ward Off Buyout
Debenhams' lenders are prepared to grant the struggling department store chain more credit to ward off a…
Debenhams Board Ousters Linked to Anemic Holiday Sales
The board of directors at British retailer Debenhams voted to remove its chairman after a disappointing…