Debenhams
This coverage examines Debenhams’ trajectory, strategies, and impact within the UK retail sector. Reporting focuses on store operations, online developments, financial performance, brand repositioning, product ranges, and executive changes. Designed for retail professionals, it offers analysis of commercial decisions, market challenges, and opportunities relevant to department store management and broader apparel and homeware retailing.
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Feb- 2021 -12 FebruaryClothing & Shoes
Boohoo seeks larger London office following acquisition spree
Online fashion retailer Boohoo is reportedly seeking a larger London office following its recent acquisition spree that saw its purchases of a number of Arcadia brands and the Debenhams brand. According to the Evening Standard, Boohoo is looking to upgrade from its current London office in Euston Tower to a…
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10 FebruaryComment
Has the pandemic driven a permanent shift in consumer behaviour?
New Era If anyone was in any doubt about the future of retail, the purchase of Debenhams by Boohoo has surely sealed the deal. When an online-only retailer can snap up one of the UK’s high street stalwarts – and refuse to take either the physical stores or the warehouse…
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8 February
Sunak mulls ‘Amazon Tax’ to help with UK debts
Chancellor Rishi Sunak is allegedly considering a double tax raid on online retailers such as Amazon who profited during the pandemic. According to The Sunday Times, leaked emails show that Treasury officials have already called for tech firms and retailers to meet this month ahead of the March budget to…
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4 FebruaryProperty
Retail landlords charged nearly £1bn in rates on empty shops
Retail landlords have handed over almost £1bn to English Councils in business rates since the onset of the pandemic despite the current holiday, research from the Altus Group has found. The government, which has invested more than £280bn in business support during the last year, gave premises in those sectors…
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2 FebruarySupermarkets
Aldi looks to onboard redundant Arcadia and Debenhams staff
Aldi is calling for those affected by the fall of the Arcadia and Debenhams retail empires to apply for a position in its store as it aims to create 4,000 jobs across Britain this year. The discount supermarket, which has over 900 UK sites said that it would very much…
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Jan- 2021 -29 JanuaryM&A
Boohoo confirms exclusive Arcadia talks
Just days after Boohoo confirmed the acquisition of Debenhams, the online retailer has announced it is in exclusive talks with Arcadia to purchase three of the collapsed group’s brands. In a short statement Boohoo said it was exclusive discussions with the administrators of Arcadia over the acquisition of the Dorothy…
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28 JanuaryDepartment Stores
Debenhams CEO to step down
Steven Cook is reportedly stepping down from his position as CEO of Debehmans, according to Drapers. Cook joined Debenhams in 2017 as managing director, overseeing the division’s buying, design and merchandising for fashion and home. In an internal message sent to staff, and seen by Drapers, Hazell said: “Steven Cook…
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27 JanuaryHigh Street
Paperchase rescued in pre-pack Permira deal
The majority of Paperchase stores are reportedly set to be rescued in a pre-pack deal that is poised to save around 1,000 jobs. According to Sky News, the rescue deal will be led by private equity giant Permira, with a deal expected to be agreed later today (27 January). Permira,…
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26 JanuaryClothing & Shoes
JD Sports mulls £400m share placing
JD Sports Fashion is reportedly eyeing up an equity sale of around £400m as it “eyes further opportunities” to expand across the globe. According to Sky News, the group’s board is considering launching the placing as early as this week, with insiders stating that the amount will be “in the…
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25 JanuaryClothing & Shoes
Boohoo acquires Debenhams intellectual property for £55m
Boohoo has announced it has acquired all of the intellectual property assets of Debenhams in a £55m deal. The online fashion retailer expressed its intent to rebuild and relaunch the Debenhams platform, which in result will help further the group’s stated ambition to lead the fashion eCommerce market, and grow…
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