Michael Sharp news and archive

Debenhams appoints Amazon’s Sergio Bucher as CEO

London - British department store group Debenhams has appointed Sergio Bucher, VP Fashion Europe at Amazon’s fashion division as its new Chief Executive Officer. He will join the team at Debenhams this October and succeed Michael Sharp, Chief Executive, who will step down from his role at the board on June 24, according to the leaving...

Business

Debenhams said to be in talks with former Kingfisher CEO to replace chairman

Troubled department store group Debenhams is said to be in talks with the former boss at Kingfisher, Sir Ian Cheshire, to replace current chairman Nigel Northridge in what would be the latest boardroom shake up for the group. According to reports from the Sunday Times, Debenhams has been under pressure from its shareholders in regards to its...

Retail

Debenhams to launch in Australia and Vietnam

UK department store group Debenhams is set on launching in Australia and Vietnam for the first time next year thanks to the help of its new overseas partners. The group has signed a deal with Pepkor SE Asia, a subsidiary of the Steinhoff group, to offer a selection of its in-house apparel labels in Harris Scarfe prior to opening its own...

People

Debenhams boss Michael Sharp to step down in 2016

Michael Sharp chief executive of department store Debenhams is to step down in 2016 after five years in the role. Sharp, who has been with the struggling retailer since 2011, will remain in post during the Christmas trading period and into 2016 to assist the Board until a replacement has been found to ensure an “orderly and smooth handover”....

Fashion

Debenhams issues post-Christmas profit warning

British department store chain, Debenhams, which celebrated its 200th anniversary on December 25, has issued a warning on profits after disappointing Christmas sales. This is the second profit warning for the high street store in less than 12 months and the department store is thought to be the first of many retailers to report mixed Christmas...

Design

Debenhams chief exec acquires further shares

Debenhams chief executive Michael Sharp has purchased an additional 50,000 shares in the retailer, which means he now holds 6,204,579 shares in the department store. Sharp, who has been in his current role since September 2011, bought the shares at 97.20 pence for a total of 48,598 pounds. Following the announcement of the transaction yesterday,...

Design

Debenhams creates jobs over Christmas

Department store, Debenhams, will create 6,500 temporary jobs for workers over the busy Christmas period. About 40 positions will become available between the store’s 163 stores across sales, gift advice and stock handling. Debenhams chief executive Michael Sharp said: “These jobs are sure to be welcomed by local economies during the most...

Design

Directorate change at Debenhams

As of this week, Michael Sharp is the new Chief Executive of UK department store Debenhams. Rob Templeman retired from his role of Chief Executive and from the board. Michael Sharp (54) was appointed Deputy Chief Executive of Debenhams in November 2008. Michael has worked for Debenhams or its predecessor The Burton Group since 1985, and held...