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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Apr- 2020 -21 AprilCoronavirus Featured Content
Customer contracts in a crisis
We lawyers have been asked a lot of questions about contracts in the past couple of weeks. At this point, I probably don’t need to tell you why. Most of the questions have been along similar lines – “can I get out of this contract?” and “how much will I…
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21 AprilClothing & Shoes
Clothing and footwear market forecast to decline by £14bn
The UK clothing and footwear is anticipated to plummet in 2020, falling 26.1% versus 2019, a loss of around £14bn according to data analytics company GlobalData. The firm predicts that with clothing stores expected to gradually reopen in June, footfall will remain low as consumers will be “cautious” about visiting…
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20 AprilComment
What’s behind the demise of Cath Kidston?
Sadly, the coronavirus pandemic and subsequent shutting of high street stores has compounded the effects on the already struggling retail sector. Along with other 90s/early 2000s favourites Oasis and Warehouse, homeware and clothing retailer Cath Kidston announced it was going into administration this month. According to Savanta BrandVue Retail data,…
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20 AprilDepartment Stores
Debenhams closes seven stores amid further landlord talks
Debenhams has announced the permanent closure of seven of its stores resulting in the loss of 422 jobs and has entered negotiations with landlords over some of its remaining stores. The department store chain, which entered administration earlier this month, closed seven of its sites including its Westfield Shepherds Bush…
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17 AprilCoronavirus
TM Lewin seeks interested buyers
TM Lewin is reportedly in talks with potential buyers in light of the ongoing effects of the global pandemic. According to Sky News, the London-based retailer is now up for sale just days after Oasis and Warehouse collapsed into administration. Bain Capital, the private equity group that has backed TM…
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9 AprilDepartment Stores
Debenhams enters administration
Embattled department store chain Debenhams has officially entered administration, and has appointed Geoff Rowley and Alastair Massey of FRP Advisory to handle the process. The group said it has entered administration to “protect Debenhams in the UK from the threat of legal action” that could have the effect of pushing…
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6 AprilCoronavirus
Debenhams appoints FRP as administrator
Debenhams has announced its intent to appoint an administrator in order to “protect” the business from creditors during the coronavirus outbreak. It is believed the move will work to prevent liquidation while its 142 UK stores remain closed in line with government advice amid the ongoing pandemic. The news closely…
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3 AprilCoronavirus
Debenhams readying to appoint administrators amid Covid-19
Department store chain Debenhams is reportedly set to enter administration for the second time in a year in order to protect the business from creditors during the coronavirus outbreak. According to Sky News, the embattled retailer could file for administration as early as next week, with ‘Big Four’ accountancy firm…
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Mar- 2020 -30 MarchPeople Moves
Ted Baker appoints Rachel Osbourne as new CEO amid Covid-19 crisis
Lifestyle brand Ted Baker has today announced the appointment of Rachel Osbourne as its new CEO amid the Covid-19 crisis. Osbourne , whose appointment will be effective immediately, has more than 20 years’ of relevant brand and retail sector experience. She joined Ted Baker as chief financial officer in November…
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24 MarchCoronavirus
Covid-19: Debenhams, Ted Baker and The Works latest to close stores
Debenhams, Ted Baker and The Works are some of the latest retailers to close stores amid the coronavirus pandemic sweeping the UK. Debenhams said it took the “tough decision” to close stores yesterday evening as a result of the current circumstances, but hopes to reopen as soon as it is…
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