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Three reasons why Debenhams failed

By MarketLine

British retailer Debenhams recently entered administration after rejecting a £200m rescue plan from...

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Three reasons why Debenhams failed

British retailer Debenhams recently entered administration after rejecting a £200m rescue plan from Sports Direct tycoon Mike Ashley. All 166 Debenhams stores will continue to trade, although 50 stores are expected to shutter. Three years ago, the retailer was worth £900m ($1.2bn), compared with £20m ($27m) as of this week.

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Challenges ahead for Moss Bros as formal wear appeal is weakest among the young

Moss Bros found full-year 2018/19 challenging, with like-for-like sales falling 4.3%.

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Takeover by Mike Ashley thwarted, but only significant investment will safeguard Debenhams

It is unlikely that Debenhams' reported £200m funding will be enough to implement the changes required to keep the retailer afloat.

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Philip Day provides Bonmarché with a lifeline

Day’s understanding of the mature shopper in the UK is expected to aid his Bonmarché recovery plan.

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Aggressive store expansion is a strategic misstep for Flannels

Flannels' Oxford Street store, which will open in June, will serve to take advantage of the east end of Oxford Street and grant the retailer greater exposure, paving the way for overseas expansion.

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H&M back in fashion as shares soar

The Swedish fast-fashion company intends to trim its investment slightly in 2019 to around $1.2bn.

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Alexander McQueen joins Alibaba’s Tmall Luxury Pavilion

British luxury fashion house Alexander McQueen has soft launched a virtual store, in China, on Tmall Luxury Pavilion, Alibaba Group’s dedicated platform for premium brands.

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Debenhams secures £200m in funds from lenders

UK department store chain Debenhams has secured £200m ($261m) in funds from its existing lenders.

Australia takes a big step towards supermarket automation

Coles Supermarkets has partnered with online grocer Ocado in order to build its online shopping and delivery capabilities. It represents the fifth major international deal that UK-based Ocado has formed in less than two years, after partnering with Kroger Co in the US, Casino in France, Sobeys in Canada, and ICA Group in Sweden.

Fashion spending in town centres to slump by 13.8% by 2023

Anchor retailers such as Marks & Spencer and Debenhams exiting secondary and tertiary town centres will result in other retailers suffering due to reduced footfall.

Three reasons why Debenhams failed

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Three reasons why Debenhams failed

Challenges ahead for Moss Bros as formal wear appeal is weakest among the young

Takeover by Mike Ashley thwarted, but only significant investment will safeguard Debenhams

Philip Day provides Bonmarché with a lifeline

Aggressive store expansion is a strategic misstep for Flannels

H&M back in fashion as shares soar

Alexander McQueen joins Alibaba’s Tmall Luxury Pavilion

Debenhams secures £200m in funds from lenders

Australia takes a big step towards supermarket automation

Fashion spending in town centres to slump by 13.8% by 2023

Alexander McQueen joins Alibaba’s Tmall Luxury Pavilion

Debenhams secures £200m in funds from lenders

Office Outlet appoints two Deloitte partners as joint administrators

UK retail industry records £1.9bn of crime and prevention costs

LifeWay Christian Resources to close 170 stores to focus on digital plan

Baltika Group to merge two brands with Monton brand

JD Sports agrees to buy Footasylum for £90.1m

Rite Aid to cut around 400 jobs in organisational restructuring

Sephora to open 35 new locations across US

Enesco buys gift retailer Things Remembered in US

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Three reasons why Debenhams failed

The era of ‘legal shoplifting’: could cashierless stores be the future of retail?

Sephora to open 35 new locations across US

GAP is not the only preppy logo brand with a short shelf life

BingoBox leads the space race in cashierless convenience retail

ASOS Supply will meet demand for fast fashion homewares

How can point-of-sale data drive retailer revenues?

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Company A-Z

Latest Content

Three reasons why Debenhams failed

Challenges ahead for Moss Bros as formal wear appeal is weakest among the young

Takeover by Mike Ashley thwarted, but only significant investment will safeguard Debenhams

Philip Day provides Bonmarché with a lifeline

Aggressive store expansion is a strategic misstep for Flannels

H&M back in fashion as shares soar

Alexander McQueen joins Alibaba’s Tmall Luxury Pavilion

Debenhams secures £200m in funds from lenders

Australia takes a big step towards supermarket automation

Fashion spending in town centres to slump by 13.8% by 2023

Latest News

Alexander McQueen joins Alibaba’s Tmall Luxury Pavilion

Debenhams secures £200m in funds from lenders

Office Outlet appoints two Deloitte partners as joint administrators

UK retail industry records £1.9bn of crime and prevention costs

LifeWay Christian Resources to close 170 stores to focus on digital plan

Baltika Group to merge two brands with Monton brand

JD Sports agrees to buy Footasylum for £90.1m

Rite Aid to cut around 400 jobs in organisational restructuring

Sephora to open 35 new locations across US

Enesco buys gift retailer Things Remembered in US