John Lewis sales up 4.8% last week
April 18, 2019 8:50 amJohn Lewis & Partners increased its sales by 4.8% year-on-year last week as the department store benefited from customers taking advantage of its Easter promotions. Fashion... View Article
Department Store News
Debenhams enters administration as lenders take control
April 9, 2019 3:37 pmThe Debenhams department store chain has entered administration and been sold as part of a prepack administration process to a group controlled by its lenders. The... View Article
John Lewis sales down by 13.7% last week
April 2, 2019 6:48 pmSales at John Lewis declined by 13.7% year-on-year last week after the department store chain annualised strong sales due to last year’s earlier fall of Good... View Article
Debenhams secures £200 million financing deal
March 29, 2019 3:00 pmDebenhams has announced that it has secured the support of its lenders in the form of a £200 million financing deal. The news means that the... View Article
Mike Ashley voices anger after Debenhams bondholders’ decision
March 29, 2019 8:46 amSports Direct chief executive Mike Ashley has hit out at advisors to the Debenhams department store chain after it confirmed that its bondholders have agreed to... View Article
Sports Direct considers making £61 million bid for Debenhams
March 27, 2019 8:44 amSports Direct has revealed that it may make a £61.4 million all cash offer for the struggling Debenhams department store chain. Already owning nearly 30% of... View Article
Sports Direct offers Debenhams alternative loan in return for more equity
March 14, 2019 7:23 amFollowing Debenhams’ announcement that it is in advanced talks with its lenders regarding additional loans of around £150 million, Sports Direct has said it would be... View Article
John Lewis sales down 8.8% last week
March 13, 2019 7:01 amThe John Lewis & Partners department store saw its sales decline by 8.8% year-on-year last week after trading figures were impacted by the later fall of Mother’s... View Article
Mike Ashley’s Sports Direct looks to remove Debenhams board
March 8, 2019 8:46 amSports Direct has requisitioned a general meeting of the Debenhams department store chain in a bid to remove all current members of the retailer’s board except... View Article
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