All Debenhams articles
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News briefs
Boohoo relaunches Debenhams e-commerce platform
Boohoo, the British fast-fashion online retailer that bought the brand name and the e-commerce operations of the Debenhams department store chain in January, is using it now to launch what it claims will be the biggest national online marketplace for sporting goods as well as fashion, cosmetics and household items. ...
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German retailer Peek & Cloppenburg buys Magasin du Nord
Debenhams ’ Danish department store Magasin du Nord has been acquired by the German retailer Peek Cloppenburg . The Düsseldorf-based company bought the retail chain’s seven stores for an undisclosed amount, marking its debut in the Scandinavian market after its expansion into Eastern Europe. Established in ...
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Boohoo, Asos make moves on top U.K. brands
The British online fast fashion retailer Boohoo has acquired all of the intellectual property assets, including customer data and related business information and selected contracts, of the U.K. department store chain Debenhams , which is currently under administration, for £55 million (€75.3m-$69.1m), plus value-added tax, in cash. ...
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News briefs
Ashley and ABG vie for Debenhams and Arcadia
Mike Ashley , the acquisitive boss of Frasers Group who is bidding for Debenhams , the biggest and oldest British department store chain, is reportedly interested now also in some of the assets of Arcadia , the bankrupt fashion retailing group that holds the largest number of concessions in ...
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Frasers Group in last-ditch bid to grab Debenhams
Mike Ashley ’s Frasers Group has returned to the fight with a last-ditch offer for Debenhams in a bid to save the largest and oldest British department store chain from liquidation. The group, which owns the Sports Direct chain of sporting goods stores as well as ...
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Debenhams collapses as JD Sports terminates rescue talks
The British department store chain Debenhams is winding down operations and closing all 124 shops with 12,000 potential job losses after JD Sports Fashion ended talks about a rescue deal. Administrators have been trying to sell the troubled 232-year-old group since April, but have admitted that the ...
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English retailers reopen in a climate of caution
Non-essential stores reopened in England on June 15 amid concern that consumers will be absent, as a majority of people, 54 percent, remain opposed to the reopening. They are particularly reluctant to returning to shopping centers.
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News briefs
Debenhams files for administration
On April 6, Debenhams filed a notice of intent to appoint an administrator. The British retailer’s move would provide protection from any legal action that could push the business into liquidation, especially while the nationwide lockdown over the Covid-19 pandemic keeps its 142 department stores shuttered. Debenhams is preparing ...