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Debenhams asks for rent cuts amid fears of second CVA
2020-03-23 13:13:00| Daily apparel & textile news and comment - from just-style.com
UK department store retailer Debenhams could launch its second CVA in less than a year after it wrote to landlords last week asking for a rent holiday and longer-term reductions as it seeks to manage its operations amid pressures stemming from the Covid-19 outbreak.
Debenhams' CVA challenge rejected by courts
2020-03-11 12:33:00| Daily apparel & textile news and comment - from just-style.com
Debenhams says a company voluntary arrangement (CVA) challenge process, which began last year, has now come to an end and the retailer can proceed with its debt restructuring and continue its recovery.
Tags: challenge
courts
rejected
debenhams
Debenhams pledges new sustainability commitments
2020-01-15 14:55:00| Daily apparel & textile news and comment - from just-style.com
Department store retailer Debenhams has outlined a new sustainability programme alongside a series of new commitments, including a guarantee that by September 2020 all own-brand product sold in a Debenhams store will have at least one sustainable attribute.
Tags: commitments
sustainability
pledges
debenhams
Debenhams taps ex House of Fraser finance boss as new chair
2019-10-25 13:18:00| Daily apparel & textile news and comment - from just-style.com
Department store group Debenhams has appointed former House of Fraser finance chief Mark Gifford as chairman of its parent company to help lead its turnaround.
Debenhams secures GBP50m in new funding
2019-10-10 13:09:00| Daily apparel & textile news and comment - from just-style.com
UK department store retailer Debenhams has secured an extra GBP50m (US$61.2m) in funding ahead of the peak Christmas trading period.
Tags: funding
secures
debenhams
gbp50m
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