Posts filtered by tags: Debenhams[x]


 

Cut-price apparel retailer Primark predicts that store closures during COVID-19 will cost it $1.4 billion

David Cliff/NurPhoto via Getty Images British fashion giant Primark's sales were down 30% year-on-year in the quarter, its parent company said. More than 75% of its stores are currently closed. Primark's total loss from store closures could reach £1.05 billion ($1.43 billion), it said. Visit Business Insider's homepage for more stories. Store closures could cost British fast-fashion giant Primark £1.05 billion ($1.43 billion) in lost sales, parent company Associated British Foods (AB Food...
Tags: Topshop, Fashion, UK, England, US, Trends, Austria, Fast Fashion, Retail, Debenhams, Boris Johnson, UK retail sales, Primark, Germany Ireland, AB Foods, Lockdown


Cat found trapped in wall at Debenhams back home

The cat was found three miles away from its home wedged in a cavity wall, the RSPCA says.
Tags: News, Debenhams, Rspca


Mike Ashley's Frasers Group in Debenhams rescue talks

The ailing department store chain went into liquidation last week, putting 12,000 jobs at risk.
Tags: UK, News, Mike Ashley, Debenhams, Frasers Group


Mike Ashley's Frasers Group in talks to rescue Debenhams

The ailing department store chain went into liquidation last week, putting 12,000 jobs at risk.
Tags: UK, News, Mike Ashley, Debenhams, Frasers Group


Debenhams loss a 'hammer blow' for NI towns

The closure of the department chain will have knock-on effect for retailers across Northern Ireland..
Tags: News, Debenhams


Philip Green is the Scrooge who haunts millions of garment workers | Meg Lewis

The fallen tycoon leaves behind a mountain of debt, much of it owed to exploited people in Asia earning as little as £4 a dayThe collapse of Arcadia in the lead-up to Christmas, and with it the demise of Sir Philip Green’s controversial reign over the UK high street, has a Dickensian feel to it. Over the years, Green has embodied the role of billionaire boss, brazenly handing his wife a tax-free £1.2bn dividend in 2005 (four times the actual annual profits made by the company), while relaxing on...
Tags: Asia, Business, Fashion, UK, Retail industry, Green, Fashion industry, Debenhams, Corporate Governance, Monaco, Garment Workers, Philip Green, Arcadia, Jd Sports Fashion, Meg Lewis


Debenhams website crashes as shoppers swoop on sales

The 242-year-old department has started a clearance sale after it said it would permanently close.
Tags: News, Debenhams


Debenhams closure: The 'darkest hour' for Derry city centre retail

Debenhams in Foyleside shopping centre store is a 'huge driver' in footfall for the city centre.
Tags: News, Debenhams, Derry, Foyleside


Debenhams closure: The 'darkest hour' for Derry city centre

Debenhams in Foyleside shopping centre store is a 'huge driver' in footfall for the city centre.
Tags: News, Debenhams, Derry, Foyleside


Debenhams website overwhelmed as shoppers swoop on sales

The 242-year-old department store is offering discounts after it collapsed on Tuesday.
Tags: News, Debenhams


Debenhams pictured through 250 years

The ailing department store chain is set to close, marking its final chapter after nearly 250 years.
Tags: UK, News, Debenhams


Debenhams website overwhelmed as shoppers swoop on sales

The 242-year-old department store is offering huge discounts after it collapsed on Tuesday.
Tags: UK, News, Debenhams


Shoppers on Debenhams' demise: I'll miss it

Shoppers in Leeds react to the news that the 242-year-old retailer will close.
Tags: UK, News, Debenhams, Leeds


In dark day for UK retailing, 242-year-old Debenhams to shut

The future of around 25,000 retailing jobs in Britain hangs in the balance after the failure of two long-established companies laid bare the fragility of much of the sector during the coronavirus pandemic.Long-suffering Debenhams,... [Author: [email protected]]
Tags: Business, UK, Britain, Debenhams


Covid-19: Debenhams to shut and Queen is home for Christmas

Five things you need to know about the coronavirus pandemic this Tuesday evening.
Tags: News, Debenhams


Covid-19: Debenhams set to shut and Queen to spend Christmas at Windsor

Five things you need to know about the coronavirus pandemic this Tuesday evening.
Tags: News, Debenhams, Windsor


What went wrong at Debenhams?

The pandemic pushed the retailer into liquidation, but its problems go back much further.
Tags: UK, News, Debenhams


Debenhams closure marks 'grim day' for retail in NI

The chain has stores in five locations in Northern Ireland and employs hundreds of people.
Tags: News, Northern Ireland, Debenhams


Debenhams closure a 'hammer blow' to city centre

The chain has stores in five locations in Northern Ireland and employs hundreds of people.
Tags: News, Northern Ireland, Debenhams


British department store chain Debenhams will close all of its 124 stores as it enters liquidation, with 12,000 jobs at risk

Phil Noble/Reuters British department store chain Debenhams will close its stores during a liquidation process that could risk 12,000 jobs, its administrators FRP Advisory said Tuesday. In the short-term, Debenhams will continue to trade through its 124 UK stores and online to clear its stocks. The news comes just a day after Topshop owner Arcadia Group entered administration. Visit Business Insider's homepage for more stories. British department store chain Debenhams will start a liquida...
Tags: Topshop, UK, Trends, Retail, Debenhams, Jared, Zales, Jd Sports Fashion, Department Store, Signet, Frp, Dorothy Perkins, Liquidation, Store Closing, Arcadia Group, FRP Advisory


25,000 jobs at risk as Debenhams closure follows Topshop collapse

Debenhams, Britain's biggest department store chain, is permanently closing its UK operations.
Tags: Topshop, UK, Cnn, Debenhams, Debenhams Britain


Topshop owner Arcadia falls into administration, putting more than 13,000 jobs at risk. It's the UK's biggest corporate casualty of the COVID-19 crisis so far.

Simon Dawson/Reuters The Arcadia Group, which owns British fashion brands including Topshop, Dorothy Perkins, and Miss Selfridge, has fallen into administration, Deloitte confirmed Monday night. This puts more than 13,000 jobs at risk, though no redundancies have been announced yet. The company's CEO said COVID-19 was to blame. The pandemic has caused Arcadia's stores to close in two national lockdowns. But rival fast fashion retailers were already attracting the Arcadia Group's customers...
Tags: Amazon, Topshop, UK, Trends, Green, Arizona, Michael Gove, Mike Ashley, Retail, Debenhams, Deloitte, Zara, Sir Philip Green, Labour Party, Primark, Inditex


Debenhams set to close putting 12,000 jobs at risk

The move comes after the failure of last-ditch efforts to rescue the ailing department store chain.


Debenhams faces uncertain future as JD Sports quits rescue talks

The move could leave the firm on the brink of collapse, with the possible loss of up to 12,000 jobs.
Tags: News, Debenhams


Debenhams faces uncertain future as JD Sports quits rescue talks

The move could leave the firm on the brink of collapse, with the possible loss of up to 12,000 jobs.
Tags: UK, News, Debenhams


Brand Moves for Thursday September 17

In early March we began reporting daily on how brands were dealing with Covid-19. But it’s become clear that the current climate is one of near-perpetual disruption, so we decided to keep on telling the stories of inspiring brand leadership and strategy amid the latest crises in an anxious world. Our goal is to provide an up-to-the-minute source of information, inspiration and insight on brand moves as they happen. US retail sales rose 0.6% last month, the fourth consecutive month of growth, th...
Tags: Amazon, Facebook, Europe, Elon Musk, Hbo, UK, John Lewis, London, Adobe, Advertising, US, Los Angeles, Tesla, Walmart, Tesco, Porsche


Brand Moves for Wednesday September 16

In early March we began reporting daily on how brands were dealing with Covid-19. But it’s become clear that the current climate is one of near-perpetual disruption, so we decided to keep on telling the stories of inspiring brand leadership and strategy amid the latest crises in an anxious world. Our goal is to provide an up-to-the-minute source of information, inspiration and insight on brand moves as they happen. Apple has expanded its services to include a fitness subscription, Fitness+, to ...
Tags: Apple, Amazon, UK, London, Greece, Berlin, Advertising, US, Tesco, Joe Biden, Rome, Frankfurt, Cologne, Britain, Amsterdam, Manchester


Debenhams hires liquidator in contingency plan

The department store chain appoints specialist firm Hilco Capital but says it is "trading strongly".
Tags: Business, Debenhams, Hilco Capital


Debenhams to cut 2,500 more jobs amid pandemic

This is on top of the 4,000 announced since May, meaning the retailer will have cut a third of its staff.
Tags: UK, News, Debenhams


Debenhams to close more stores with the loss of 300 jobs

The retailer will not re-open another three outlets after failing to agree new terms with landlord Intu.
Tags: UK, News, Debenhams