Debenhams

Fall of the high street — can retailers survive?

The UK’s high streets are under attack. From the continued rise of online shopping, which has led to a reduction…

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Moodys lowers Debenhams and New Look ratings

Financial services firm Moodys has changed the outlook for both New Look and Debenhams from stable to negative amid both…

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Debenhams chairman ousted by Mike Ashley

The chairman of Debenhams, Sir Ian Cheshire, has resigned with immediate effect after Mike Ashley and other shareholders voted him…

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Debenhams suffers sales struggle over Christmas

Department store chain Debenhams has reported a 3.4% drop in group like-for-like (LFL) sales for the six weeks to 5…

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Carnage on the shop floor

The pressure on the retail sector has been a consistent staple for investors since the end of the financial crisis,…

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Will retailers rise to the occasion this Christmas?

Retailers are entering their busiest and potentially most profitable period – but it is also their riskiest. Fail to hit…

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Mike Ashley asks Debenhams to ‘reconsider’ £40m offer in ‘frustrated’ email

Mike Ashley has asked Debenhams to “reconsider” his £40m investment offer which he described as “a very public statement of…

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‘Tax the internet for the good of the high street’, Mike Ashley tells MPs

Sports Direct owner Mike Ashley has said online businesses should be taxed 20% in as soon as six months to…

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Mike Ashley vows to pull 17 stores from Intu Properties

Sports Direct owner Mike Ashley has vowed to close all his stores located in Intu shopping centres following a rent…

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Missguided boss slammed by MPs for Parliamentary no-show

Nitin Passi, the CEO and founder of online retailer Missguided, has been criticised by MPs for refusing to appear in…

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