Sportswear mogul Mike Ashley racing to complete deal to buy Debenhams By Neil Craven, Financial Mail on Sunday Published: 21:51 GMT, 12 December 2020 | Updated: 22:41 GMT, 12 December 2020 Mike Ashley is racing to complete a deal to buy Debenhams this weekend, sources have told The Mail on Sunday. The sportswear mogul is … Read more
Mike Ashley ready to pounce on Topshop AND Debenhams: Sports Direct billionaire in talks to mount a parallel rescue By Matt Oliver For The Daily Mail Published: 21:50 GMT, 10 December 2020 | Updated: 21:50 GMT, 10 December 2020 Mike Ashley’s Frasers Group has revealed it could still buy Arcadia brands such as Topshop as it … Read more
Mike Ashley is in rescue talks with Debenhams: Sports Direct boss begins negotiations to buy 242-year-old chain and save up to 12,000 jobs Mike Ashley’s company Frasers confirmed talks in a statement to stock market But a Frasers Group statement said sale of the retail giant was far from certain Sport Direct boss said ‘time … Read more
Mike Ashley is in rescue talks with Debenhams: Sports Direct boss begins negotiations to buy 242-year-old chain and save up to 12,000 jobs Mike Ashley’s company Frasers confirmed talks in a statement to stock market But a Frasers Group statement said sale of the retail giant was far from certain Sport Direct boss said ‘time … Read more
As the Goliaths of the high street tumble like a flimsy line of dominos, it’s tempting to think they are all suffering from the same affliction, but there’s a great difference between last week’s most high-profile victims – Arcadia’s Topshop and Debenhams. I was interviewed by the BBC as news of the collapse of Philip … Read more
Mike Ashley returns with yet another attempt to buy ailing department store Debenhams – just days after lenders called time on historic business By Neil Craven, Financial Mail on Sunday Published: 21:50 GMT, 5 December 2020 | Updated: 21:50 GMT, 5 December 2020 House of Fraser owner Mike Ashley has returned with yet another attempt … Read more
Debenhams fat cats raked in £35m: Bosses lined pockets in years before collapse By Matt Oliver For The Daily Mail Published: 21:50 GMT, 4 December 2020 | Updated: 21:50 GMT, 4 December 2020 The top brass at Debenhams raked in more than £35m in pay and perks in the years leading up to its collapse, … Read more
The pubs may be calling time at 10pm across much of the UK in the run up to Christmas but shopping may be an alternative option for night owls, as some high street stores say they’ll open until midnight in a bid to try and woo people to shop in person this yuletide, rather than … Read more
Debenhams has been a mainstay on UK high streets for 242 years, but is now set to shut its doors for good. In 1778 William Clark opened a drapers store on 44 Wigmore Street in central London, selling expensive fabrics, bonnets, gloves and parasols. The business had a modest start in life, with Mr Clark … Read more
A white knight rescue of Debenhams was last night hanging by a thread, with a final decision by suitor JD Sports expected within days. The potential deal – understood to include a raft of stores and the chain’s online business – is widely seen as the last chance to save the high street stalwart from … Read more