Sergio Bucher

17 results

Debenhams said: “The board has been engaging with Sports Direct and our other stakeholders and is disappointed that Sports Direct has taken this action.” Photograph: Reuters

Sports Direct boss Mike Ashley is attempting a coup at Debenhams to appoint himself to the board in an executive role and oust nearly all the other di(...)

A sign stands above the entrance to a Debenhams Plc department store on Oxford Street, London. Photograph: Jason Alden/Bloomberg

Debenhams has secured £40 million in additional funding from some of its lenders as it strives to find a longer-term solution to its financial problem(...)

The chief executive of the Sports Direct Group, Mike Ashley, giving evidence before a UK house of commons committee in December. Photograph: PA Wire

In case there was any doubt, Mike Ashley (inset) made clear this week that it is he who is the Debenhams puppetmaster. On Thursday, the bullish busi(...)

In the UK Debenhams stock tumble  following the removal of the retailer’s  chief executive by Mike Ashley. Photograph: Reuters/Simon Dawson/File Photo

European shares edged higher on Friday after hitting one-month highs as investors’ appetite for buying assets considered risky remained firm, despite (...)

Mike Ashley, billionaire and founder of Sports Direct International, holds a 29 per cent stake in Debenhams.

Shareholders ousted Debenhams’ chairman and its chief executive officer from the board in a coup engineered by billionaire Mike Ashley after the troub(...)

The British Retail Consortium (BRC) said its members reported zero year-on-year total sales growth in December

British retailers endured their worst Christmas since the depths of the financial crisis a decade ago as cautious customers forced high street stores (...)

A  Debenhams department store in Watford, England. The company has 11 stores in Ireland. Photograph: Peter Nicholls/Reuters

Struggling department store chain Debenhams is closing 50 of its underperforming stores, putting about 4,000 jobs at risk, as write-downs in the value(...)

Shoppers walk past a Debenhams shop in Oxford Street,  London.  The group’s poor performance has been blamed on increased discounting by rival high street retailers. Photograph: Tolga Akmen/AFP/Getty

What shape will the British high street be in this time next year? The omens are not looking good, with more gloomy news from the retail sector on Tue(...)

Debenhams said group like-for-like sales fell 1.7 per cent in the 15 weeks to June 16th.

British department store Debenhams warned on profit for the third time in six months on Tuesday, blaming poor trading on increased competitor discoun(...)

Photograph: Peter Byrne/PA Wire

Department store group Debenhams added to the grim start to 2018 for the retail sector, lowering its full-year outlook for the second time in four mon(...)

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