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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Jun- 2018 -19 JuneDepartment Stores
Debenhams issues profit warning
Debenhams has issued a warning saying it now expects pre-profits to be “in the range of £35m-£40m” significantly lower than City forecasts of £50m. The company blamed poor conditions on the high street and said that it doesn’t expect improvement anytime soon. The warning is Debenhams third of the year…
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18 JuneClothing & Shoes
Calvetron Brands to shut 102 Jacques Vert and Precis concessions
Benjamin Wiles, Trevor Birch and Philip Duffy of Duff & Phelps, joint administrators to Calvetron Brands, have announced they are serving notice on 102 Jacques Vert and Precis concessions in the UK and Republic of Ireland. These closures and those announced previously, including Dash and Eastex closures made on 4…
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12 JuneComment
Fast Fashion: The global battle
The fast fashion landscape is a crowded space. Spend a couple of minutes on a train platform, browsing Instagram, scrolling through Twitter or watching YouTube and the vast array of adverts, celebrity endorsers, vloggers and other assorted brand affiliates makes it clear that a fierce battle for the wallets of…
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7 JuneClothing & Shoes
Beano Studios and Ted Baker partner for 2018 kidswear collection
British luxury retailer Ted Baker and Beano Studios have announced plans to collaborate on a 2018 ‘Beano Baker’ kidswear collection. Inspired by Beano’s original Fan Club colours and style guides, the fashion collection will launch in July 2018 consisting of loungewear, shirts, hoodies and t-shirts featuring iconic Beano artwork and…
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May- 2018 -29 MayDepartment Stores
Number of department stores ‘falls 25%’ in less than a decade
The number of large department stores in England has fallen by 25% in less than a decade according to new research by secured lending platform Lendy. It said department stores have been more sharply affected than the rest of the high street by online shopping, as the unusually heavy debt…
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14 MayAdvice
GDPR: What does it mean for the future of retail?
For many retailers, getting to grips with the best methods of utilising customer data was no easy feat. Brands worked hard to unlock the potential of data to enhance the customer experience making it more unique and personalised. It appeared that many had cracked it too. From adapting their marketing…
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4 MayClothing & Shoes
1,000 jobs at risk after Calvetron enters administration
Over 1,000 jobs are on the line after fashion retailer Calvetron entered administration. The company behind Windsmoor and Jacques Vert was rescued last summer with a deal that resulted in the loss of over 700 jobs. The fashion retailer acquired a £12.5m loan from Secure Trust Bank to try and…
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Apr- 2018 -24 AprilDepartment Stores
Debenhams partners with Western Union to offer global money transfers
Debenhams has signed a partnership with Western Union to offer global money transfers through its existing travel money desks. Western Union already has a presence in Ryman, John Lewis and Sainsbury’s, and Debenhams will introduce the service at 112 of its stores. The news comes as the department store reported…
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19 AprilHigh Street
Debenhams profits plummet by 84%
Debenhams has announced that its pre-tax profits fell by 84% to £13.5m after the ‘Beast from the East’ temporarily closed 100 stores. The department chain also saw its like-for-like sales fall by 2.2% for the 26 weeks to 3 March, attributed to a “challenging UK market background”. Revenue also decreased…
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16 AprilHigh Street
Debenhams expected to post big dent in half-year profits
Analyst consensus expects Debenhams to report a large decrease in its profits when it publishes its half-year results next week. Figures estimate interim pre-tax profits to fall within a range of £42m-£47m and almost 50% decrease from £87.7m from the same period last year. Like-for-like sales are also expected to…
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