Debenhams Plc

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Debenhams in 84.6% profit tumble as CFO departs Beth Wright | 19 Apr 18

Shares in Debenhams tumbled by more than 6% this morning (19 April) as the British department store group revealed an 84.6% drop in profit for the first half of the financial year and announced the departure of its chief financial officer.


Sports Direct raises stake in Debenhams to over 29% Beth Wright | 5 Mar 18

UK sportswear retailer Sports Direct International has once again increased its stake in British department store group Debenhams in the latest of a series made since 2014.


Debenhams may axe 320 store manager roles Beth Wright | 8 Feb 18

UK department store retailer Debenhams has announced it may axe up to one-quarter of its store manager roles as part of its turnaround strategy.


Debenhams appoints fashion head amid restructuring Michelle Russell | 21 Dec 17

Struggling UK department store retailer Debenhams has restructured its business around three units amid the appointment of a managing director for its fashion and home divisions.


Top stories this week on just-style... Beth Wright | 3 Nov 17

Top stories this week on just-style include a look at how Debenhams'ongoing turnaround strategy has taken its toll on full-year earnings, Katharine Stewart, Primark's director of ethical trade, tells just-style why the value fashion chain chooses not to openly set targets for it sustainability and ethical commitments, the Mauritius' clothing sector faces tough times and fresh challenges, and US-based fibre producer Invista is to sell its Apparel and Advanced Textiles business (A&AT) – including its Lycra brand.


Debenhams trading director to depart amid restructuring Beth Wright | 13 Sep 17

Suzanne Harlow, group trading director at Debenhams, is to leave amid the British department store group's restructuring efforts, which include the creation of three new business units.


Sports Direct raises stake in Debenhams to over 21% Michelle Russell | 22 Aug 17

UK sportswear retailer Sports Direct International has once again increased its stake in British department store group Debenhams in the latest of a series made since 2014.


Sports Direct ups stake in Debenhams to 19% Beth Wright | 29 Jun 17

UK sportswear retailer Sports Direct International has once again increased its stake in British department store group Debenhams in the latest of a series made since 2014.


Fashion brands linked to polluting viscose producers Michelle Russell | 13 Jun 17

A number of fashion giants, including Sweden’s H&M and Inditex's Zara, are said to be buying viscose from highly polluting factories that are contributing irreparable damage to environmental and human health.


Debenhams hires new technology and supply chain director Michelle Russell | 3 May 17

UK department store retailer Debenhams has appointed former Sainsbury's executive Angela Morrison as its technology and supply chain director.


Sports Direct ups stake in Debenhams to 16% Michelle Russell | 3 Apr 17

UK sportswear retailer Sports Direct International has increased its stake in British department store group Debenhams.


The Flanarant - Wage abuses can’t be eliminated by software and flash PR Mike Flanagan | 27 Feb 17

It is not just alleged Asian sweatshops where there are widespread wage abuses, Mike Flanagan reminds us. But is the British government concentrating too much on headline-grabbing mistakes at high street retailers in its "name and shame" campaign against abuse at home?


Debenhams and Peacocks criticised on UK minimum wage Michelle Russell | 16 Feb 17

Department store retailer Debenhams and fashion retailer Peacocks have been named by the UK Government for failing to pay some of their workers the national minimum or living wage.


Bucher to shake-up Debenhams designer roster Beth Wright | 21 Dec 16

UK department store retailer Debenhams has told just-style it "constantly reviews its product offer and adapts to customer needs" in response to claims new CEO, Sergio Bucher, is cutting ties with some of the company's long-standing designers.


Debenhams to enter athleisure market Beth Wright | 21 Dec 16

UK department store retailer Debenhams is preparing to enter the highly competitive sportswear and athleisure market, having revealed it will launch its first athleisure range in the New Year.


Debenhams invests in supply chain as FY earnings fall Michelle Russell | 27 Oct 16

UK department store retailer Debenhams said it continues to invest in its supply chain in a bid to make it more efficient and flexible as it revealed a drop in full-year earnings.


Debenhams must tackle "underperforming" clothing Michelle Russell | 22 Jun 16

Debenhams needs to tackle its underperformance in clothing in order to prevent further market share erosion, according to one analyst, as the UK department store retailer said uncertain trading conditions impacted the third quarter. 


Debenhams new CEO is ex-Amazon vice-president Beth Wright | 26 May 16

UK department store Debenhams has appointed Sergio Bucher, vice-president of fashion at Amazon, as its next CEO.


Debenhams CEO confirms departure on positive H1 Michelle Russell | 14 Apr 16

Michael Sharp, the CEO of Debenhams, has confirmed his departure as the UK department store retailer revealed a rise in first-half earnings and sales.


Debenhams retail director Goring to exit Katie Smith | 11 Apr 16

Mike Goring, retail director at UK department store retailer Debenhams, is stepping down after four years in the role. 


UK holiday retail roundup Michelle Russell and Katie Smith | 14 Jan 16

With the holiday season done and dusted, UK apparel and footwear retailers are counting the cost. In the most recent Christmas trading reports, JD Sports, SuperGroup, Fat Face and Debenhams saw sales rise over the all-important trading period, while Tesco and Matalan recorded a decline in revenue. Sainsbury's posted an increase in clothing sales, Shop Direct delivered "record breaking" results, and Ted Baker enjoyed a "good retail performance". 


Debenhams asks for supplier discounts Michelle Russell | 23 Nov 15

UK department store retailer Debenhams has asked its suppliers for a discount in the run-up to the busy Christmas shopping period, in return for shorter payment terms.


Debenhams CEO Sharp steps down as FY profit climbs Michelle Russell | 22 Oct 15

The chief executive of Debenhams, Michael Sharp, is to step down following pressure from investors to shake-up the senior management team after several years of weak trading by the UK-based department store retailer.


Debenhams H1 profit grows as strategy takes hold Katie Smith | 16 Apr 15

Department store retailer Debenhams has recorded a better-than-expected set of first-half results, after making “good progress” against its strategy to become a leading international, multi-channel brand.


Outlook 2015: Challenges and opportunities Leonie Barrie | 15 Jan 15

One of the biggest challenges – and opportunities – facing the apparel industry in 2015 is how best to embrace the omni-channel retail model, improve the shopping experience, and respond with new supply chain solutions. The changing profile of consumers in Asia is also likely to impact consumption and production, while global compliance and factory safety will continue to be a focal point.


NRF 2015: Consumer engagement a new challenge for retailers Michelle Russell | 14 Jan 15

The growth of e-commerce and m-commerce is on the rise but retailers still need to do more to better meet consumer expectations online, according to experts at Retail's 'Big Show', the National Retail Federation's 104th Annual Convention & Expo that took place in New York this week.


Mixed response to Debenhams Christmas update Richard Woodard | 13 Jan 15

Department store operator Debenhams recorded a 4.9% rise in like-for-like sales over the Christmas period, but endured a “challenging” season for clothing.


Sports Direct silent on USC "store closures" Michelle Russell | 9 Jan 15

UK retailer Sports Direct International has remained tight lipped over reports it is planning to close up to a third of its loss-making USC fashion stores.


Mothercare appoints Smothers as finance chief Michelle Russell | 9 Dec 14

Struggling UK mother, baby and children's goods retailer Mothercare has appointed Richard Smothers as its chief financial officer.


Sports Direct raises interest in Debenhams to 12.7% Michelle Russell | 7 Nov 14

Sports Direct has raised its stake in UK department store retailer Debenhams, taking owner Mike Ashley's shareholding to 12.7%.

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