INDIA: Debenhams denies Indian store restructuring plans
Department store chain Debenhams has denied rumours it is looking to restructure its stores in India.
According to a report in The Business Standard, Debenhams was allegedly making a second attempt to position its Indian stores with a better fit.
However, the retailer, which operates 165 stores in the UK and Ireland and 68 franchise stores overseas has denied the speculation.
"We're not restructuring out stores," a spokesperson for the Debenhams told just-style today (12 July).
The retailer, who has two stores in Mumbai and Bangalore, added: "We will always endeavour to match our product to the local market and we may add new brands to the market but no major overhauls planned."
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