Online fashion retailer Boohoo has confirmed it has bought the Debenhams brand for £55 million and will relaunch the department store as an online-only operation from next year. Bosses said the deal will not include saving Debenhams’ stores which will close for good as part of a structured winding down of the business – spelling … Read more
Online fashion brand Boohoo is set to buy collapsed department store group Debenhams in a cut-price £50million deal, insiders claim. The deal would result in the closure of all of Debenhams’ remaining department stores and is expected to be announced in the next few days – but the retailers are yet to confirm reports. Debenhams started a … Read more
Multi-millionaire private equity tycoons who masterminded a takeover which left Debenhams loaded with £1.2billion of debt are facing calls to bail out its stricken pensioners. The 243-year-old department store firm collapsed after a loss of £491.5million in 2018, buckling under the impact of online competition and a failure to invest in stores and products. Although … Read more
Debenhams to close six branches, including its flagship London store, with 320 job losses By City & Finance Reporter for the Daily Mail Published: 22:29 GMT, 13 January 2021 | Updated: 22:29 GMT, 13 January 2021 Department store chain Debenhams has said it will permanently close six branches, including the flagship Oxford St shop Department … Read more
Debenhams will shut their flagship Oxford Street shop along with five others permanently as the liquidation of the historical department store chain continues. The department store closures will result in the loss of around 320 jobs, with stores in Portsmouth, Staines, Harrogate, Weymouth and Worcester closing their doors for good. The company started a liquidation process … Read more
Pictured: Stab victim, 23, knifed to death outside Debenhams in Harrow as two 18-year-olds are charged with his murder Hussain Al Saabri, 23, was found with fatal stab injuries in north west London Found outside a Debenhams store on St Anns Road, Harrow, on December 134 Police charged Rickarlo Williams, 18, and Jahni Menzie-Samuels, 18, … Read more
Mike Ashley considering moving his brands into empty Debenhams stores as part of a deal to acquire the company and its online division By Neil Craven, Financial Mail on Sunday Published: 21:50 GMT, 19 December 2020 | Updated: 22:28 GMT, 19 December 2020 Retail tycoon Mike Ashley is considering moving his brands into empty Debenhams … Read more
Don’t let anyone tell you that the collapsed high street giants Debenhams and Arcadia would have been fine and dandy if it were not for this dreaded pandemic. Yes, both firms were toppled by a freak event in the end, one which no one could have predicted. But just like when the Titanic hit an … Read more
Man is stabbed to death outside Debenhams in Harrow and two other people are hurt as police launch murder probe A man thought to be in his 20s was stabbed to death in Harrow on Sunday night Police and paramedics rushed to the scene near St Ann’s Shopping Centre Two more males, thought to be … Read more
Sportswear mogul Mike Ashley racing to complete deal to buy Debenhams By Neil Craven, Financial Mail on Sunday Published: 21:51 GMT, 12 December 2020 | Updated: 22:41 GMT, 12 December 2020 Mike Ashley is racing to complete a deal to buy Debenhams this weekend, sources have told The Mail on Sunday. The sportswear mogul is … Read more