Debenhams slashes losses as sales jump by over £30m Retail Debenhams slashed its losses thanks to a surge in its sales by more than £30m, new accounts have revealed.
Administrators make millions from Debenhams’ demise the fall of Debenhams Debenhams‘ administrators have made millions in fees since the department store went under in 2020. According to reports from The Times, FRP Advisory has made more than £7.2m in fees since Debenhams filed for insolvency The administrators managed the sale of the store’s brand and website to Boohoo for £55m in January 2021, and documents reveal [...]
To dream up what can be done with the empty Debenhams, look at Hounslow Elena Siniscalco Nine out of ten of the former Debenhams shops are still empty. Projects like The Loft in Hounslow show what could be achieved if these precious spaces were to be repurposed, writes Elena Siniscalco
The fate of John Lewis vs Debenhams is a parable in how to adapt to the future December 7, 2022 Emerging technologies, from AI and machine learning to edge computing and the metaverse, are fundamentally revolutionising how data is captured and used by businesses in the UK. The effective application of this data can have a transformational effect on the performance of an organisation. In the UK, we’ve had clear examples of this working to [...]
Debenhams launches new online marketplace following Boohoo takeover October 5, 2021 Debenhams has launched a new online marketplace following its takeover by Boohoo earlier this year. It comes after Debenhams, once a historic high street staple in the UK, ended up another casualty of the pandemic that drove shoppers to the digital sphere. The website, launched by marketplace software as a service (SaaS) platform Mirakl, will [...]
Debenhams launches marketplace powered by the firm behind Boohoo’s site – CityAM : CityAM October 5, 2021 Debenhams has launched a new online marketplace, powered by the same firm behind Boohoo’s website. It comes after Debenhams, once a historic high street staple in the UK, ended up another casualty of the pandemic that drove shoppers to the digital sphere. Also Read: Boohoo to bolster Debenhams stores and e-commerce sites in the Middle [...]
Boohoo to bolster Debenhams stores and e-commerce sites in the Middle East July 14, 2021 Boohoo, which bought Debenhams for £55m, has partnered with the Alshaya group to bolster the ex-high street staple’s presence in the Middle East. Kuwait-based Alshaya, which currently run Debenhams stores in shopping malls, will have exclusive rights to operate the Debenhams stores and local e-commerce sites in Kuwait, Saudi Arabia, UAE, Bahrain, Egypt, Oman and [...]
Hundreds of ex-Debenhams staff launch legal action over lack of redundancy consultation August 20, 2021 Hundreds of Debenhams workers are launching legal action after they claim they were not given adequate notice for redundancy. Up to 800 former employees of the department store are participating in two group actions to employment tribunals, led by Simpson Millar and SDM Legal. Former staff said Debenhams should have collectively consulted with employees for [...]
Debenhams could return to the high street to land beauty deals for Boohoo June 16, 2021 Boohoo is reportedly in talks about opening a Debenhams store to land deals with beauty and cosmetic brands that want to operate with a physical presence. Boohoo chief executive John Lyttle told The Times that if the talks came to fruition one small Debenhams store would return to a high street just outside of London. [...]
Debenhams to reopen stores for final sale ahead of move to online April 8, 2021 Debenhams is set to reopen its stores next week to complete its final closing down sale, as the store moves online. The sale, on 12 April, forms part of the high street retailer’s final stock liquidation process and will continue until the stock is fully cleared. “This is the last chance for customers in England [...]