Struggling department store chain Debenhams has secured a 40 million pound cash injection following talks with its lenders to keep the retailer “on a stable footing for a sustainable and profit

Troubled high-street retailer Debenhams may pull shutters on 20 stores under a company voluntary arrangement (CVA), according to a BBC report. The report added that the company is negotiating with it

Debenhams has started a consultation period which could lead to 60 job losses at its support centres, according to reports. According to Retail Gazette, a source said that support centre staff in Lon

Terry Duddy, the non-exec director of property development company Hammerson, is to leave the company with immediate effect, and will join Debenhams as interim chairman. Hammerson said the departure

At its annual general meeting held yesterday, Debenhams plc Chairman, Sir Ian Cheshire informed the company of his decision to step down from the board with immediate effect. The company said that Si

Debenhams plc, in its trading update for the 6 weeks and the 18 weeks to January 5, 2019 said that against a challenging market backdrop, the group is currently on track to deliver current year profi

New York - The first week of January is crucial as main apparel retailers in the UK share their Christmas trading updates. After John Lewis enjoyed the benefits of last-minute shopping, the City expe

If you feel like the news on Monday that Laura Ashley would be closing 40 of its stores felt oddly familiar, it’s because it is. The UK is facing an increasing amount of store closures, and the

Sports Direct owner Mike Ashley has lashed out at Debenhams after the UK retailer refused his offer of a 40 million pound cash injection, according to the Daily Telegraph. In a letter published by th

Debenhams has suffered its worst daily decline, with its share value dropping just over 21 percent - totalling 17 million pounds - on 14 November, as UK retailers continue to struggle in the turbulen

As the weather begins to cool and Christmas songs slowly start to pop up in retailers across the UK, Debenhams has taken its first festive leap into the gift-giving season with its new 2018 Christmas

Debenhams managing director of retail, digital, food and events, Ross Clemmow, is leaving the company next year as he takes a new position as managing director of Bridgepoint, the private equity firm

London - First came the collapse of BHS, followed by House of Fraser and now Debenhams. Even John Lewis is suffering from an all-time trading low. And then there is longtime suffering Marks and Spenc

Debenhams plc in its preliminary results announcement for the 52 weeks to September 1, 2018, said that the group gross transaction value decreased by 1.8 percent to 2,900.4 million pounds (3,745 mill

Embattled department store Debenhams is facing a barrage of problems as its leading credit insurer will no longer cover the retailer’s suppliers. Atradius, a longtime insurance provider for Deb

The Grafton Cambridge has announced that River Island is to open a new store, expanding its presence and upsizing its existing unit by 260 percent, as it becomes the shopping centre’s new ancho

Following media speculations surrounding its turnaround measures, Debenhams Plc has announced through a statement that subject to audit, it expects to report pre-exceptional pre-tax profit for FY2018

Troubled department store chain Debenhams has roped in advisors from KPMG to assess various options including company voluntary arrangement (CVA) to cut costs and drive sales, reports BBC. Recently,

Debenhams has announced the launch of two beauty initiatives called Beauty Club Community and Beauty Halls of the Future, this month. Commenting on the initiatives, Richard Cristofoli, Managing Direc

The UK high street is getting a refreshed new look from this week after three of the British’s best-known retailers John Lewis, Debenhams and Harvey Nichols all announced that they were rebrand

Department store chain Debenhams, which has a 200 year heritage, has unveiled a new brand identity to signal the next phase of its “continued transformation,” which includes a new logo, s

Debenhams has announced that following a successful trial, the Doddle Click and Collect service, which was offered to 50 stores, will now be rolled out across the entire department store estate of 16

Debenhams Plc has announced the appointment of Rachel Osborne as Chief Financial Officer. The company said, Osborne joins from Domino's Pizza Group Plc, where she served in the same role and has a st

Troubled British department store chain Debenhams continues to reduce headcount as a part of its restructuring exercise. Media reports reveal that as many as 90 positions from the company’s hom

Refuting media reports stating insurers had cut cover for the company’s suppliers, British department store chain Debenhams has said that it continues to enjoy a “healthy” cash posi

Debenhams Plc, in its financial update for the 15 weeks and 41 weeks to June 15, 2018 said group gross transaction value declined 1.5 percent and 1.6 percent respectively. Group like-for-like sales f

Beano Studios is teaming up with Ted Baker to create a new kidswear fashion apparel range featuring iconic Beano artwork and characters, including Dennis and Gnasher, which will launch exclusively at

British designer Richard Quinn has joined forces with Debenhams for his latest collection. Quinn, whose creations have been worn by a string of stars on the red carpet, has teamed with the high str

British department store group Debenhams continues to strengthen its beauty offering by partnering with Estée Lauder Companies UK & Ireland to launch #Beautyhub. The ‘test and learn&

Debenhams is teaming up with concession partner Baird Group to launch a new in-store tailoring concept in its Oxford Street and Westfield White City stores to offer men more choice in formal wear. T