Mike Ashley ally Crispin Odey ‘made £30m after shorting Debenhams stock’ before chain’s crash Odey previously backed the Sports Direct boss in boardroom disputes City sources say he made £30m shorting Debenhams stock before it crashed The short is likely to have contributed to Odey’s strong performance By Ben Harrington, Financial Mail on Sunday Published: … Read more
Debenhams has confirmed the closure of seven stores with the loss of 422 jobs after it slid into administration last week. The department store firm said it has agreed terms with landlords to continue trading at 120 of its 142 UK stores. It is understood the group is in ongoing talks over the remaining stores … Read more
High street retailer has announced it is going in to administration, putting thousands of jobs at risk. Around 22,000 jobs could be lost as the fashion brand blames the ‘unprecedented circumstances’ of the coronavirus crisis on a sharp downturn in trade. News that the store could go into administration was first announced on Monday, now … Read more
Debenhams began as a draper business at 44 Wigmore Street in London 1778. Initially founded by William Clark, William Debenham became a partner in the business in 1813 and changed the name to Clark & Debenham. The business grew, opening branches in Cheltenham and Harrogate, before Clark retired in 1837 and it became Debenham, Pooley … Read more
Debenhams began as a draper business at 44 Wigmore Street in London 1778. Initially founded by William Clark, William Debenham became a partner in the business in 1813 and changed the name to Clark & Debenham. The business grew, opening branches in Cheltenham and Harrogate, before Clark retired in 1837 and it became Debenham, Pooley … Read more
Struggling High Street stalwarts facing crucial week, with Debenhams and Cath Kidston both teetering on brink By Daily Mail City & Finance Reporter Published: 21:55 BST, 5 April 2020 | Updated: 22:14 BST, 5 April 2020 Struggling High Street stalwarts are facing a crucial week, with retailers Debenhams and Cath Kidston both teetering on the … Read more
Debenhams began as a draper business at 44 Wigmore Street in London 1778. Initially founded by William Clark, William Debenham became a partner in the business in 1813 and changed the name to Clark & Debenham. The business grew, opening branches in Cheltenham and Harrogate, before Clark retired in 1837 and it became Debenham, Pooley … Read more
Debenhams is facing administration after the closure of its 142 stores due to coronavirus putting 22,000 jobs at risk Debenhams could file for administration as early as next week due to closures The coronavirus pandemic has forced the department chain to shut its 142 shops The group currently employs 22,000 staff, with all jobs now … Read more