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Administration looming for Debenhams?

2019-03-22 18:11:00| Daily apparel & textile news and comment - from just-style.com

Struggling UK department store retailer Debenhams today (22 March) revealed it is seeking a cash injection of up to GBP200m (US$263m) from existing lenders - just minutes before Sports Direct International offered to buy its Danish business Magazin du Nord for GBP100m.

Tags: administration looming debenhams

 

Debenhams seeks 200m in new funds

2019-03-22 10:48:20| BBC News | Business | UK Edition

The struggling department store chain is trying to fend off overtures from Sports Direct's Mike Ashley.

Tags: funds seeks 200m debenhams

 
 

Debenhams to carefully consider Ashley's GBP150m loan offer

2019-03-14 10:53:00| Daily apparel & textile news and comment - from just-style.com

Struggling British department store chain, Debenhams, says it will give "careful consideration" to the offer of a GBP150m (US$198.7m) loan from its largest shareholder, Sports Direct boss and retail tycoon boss Mike Ashley. 

Tags: offer loan carefully debenhams

 

Mike Ashley refers Debenhams board to regulator over profit warning

2019-03-14 00:02:05| BBC News | Business | UK Edition

Sports Direct accuses the board of giving misleading advice to investors, which Debenhams denies.

Tags: board mike profit warning

 

Debenhams in "advanced" talks to secure GBP150m loan

2019-03-11 13:27:00| Daily apparel & textile news and comment - from just-style.com

Debenhams says it is making progress on securing a GBP150m (US$195.6m) cash injection, just three days after Sports Direct boss and retail tycoon Mike Ashley launched a coup to take control of the struggling British department store chain.

Tags: advanced secure loan talks

 

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