All Debenhams articles

  • boohoo logo 2
    Article

    Boohoo, Asos make moves on major U.K. retail assets

    2021-01-25T15:35:00Z

    Boohoo, the growing British online fast-fashion retailer has acquired the intellectual property assets of Debenhams, the oldest and biggest department store in the U.K., for £55 million (€75.3m-$69.1m) in cash, plus value-added tax. The takeover includes Debenhams’ big internet marketplace with the related customer data, contracts and other business information, ...

  • News briefs

    Ashley and ABG vie for Debenhams and Arcadia

    2020-12-14T18:29:00Z

    Mike Ashley , the acquisitive boss of Frasers Group who is bidding for Debenhams , the biggest and oldest British department store chain, is reportedly interested now also in some of the assets of Arcadia , the bankrupt fashion retailing group that holds the largest number of concessions in ...

  • Article

    Frasers Group in last-ditch bid to grab Debenhams

    2020-12-07T17:15:00Z

    Mike Ashley ’s Frasers Group has returned to the fight with a last-ditch offer for Debenhams in a bid to save the largest and oldest British department store chain from liquidation. The group, which owns the Sports Direct chain of sporting goods stores as well as ...

  • Article

    Debenhams may collapse as JD terminates rescue talks

    2020-12-01T18:26:00Z

    Department store chains are having a hard time these days, as shown for example by the recent reorganization of the Karstadt and Galeria Kaufhof chains in Germany after their phased takeover by Signa Retail . Debenhams , the oldest one in the U.K., is now winding up operations ...

  • News briefs

    JD may be serious about Debenhams

    2020-11-24T18:24:00Z

    JD Sports Fashion has reportedly entered exclusive negotiations for the acquisition of Debenhams, the struggling British department store chain, with FRP and Lazard, which are advising the bankrupt company’s receivers. According to the reports, JD is particularly attracted by Debenhams’ website and the locations of some of its 124 stores, ...

  • News briefs

    JD may bid for Debenhams

    2020-11-16T18:09:00Z

    JD Sports Fashion is said to be studying a possible bid for Debenhams , the biggest chain of department stores in the U.K. with 124 stores and a web shop. According to reports, JD has been given access to its financial data, which was previously denied to Frasers ...