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Debenhams raises the festive stakes with 40% five day sale Tuesday, 15th November 2011
As the high street gears up for one of the most competitive peak seasons in years, Debenhams has announced a five-day sale as it hopes to snag early Christmas shopping purchases. The chain will make £200 million worth of discounts, the largest ever made by Debenhams, in a sale which runs from Wednesday to Sunday.
Celebrities design fashion collections for Debehams to raise money for Children in Need Monday, 14th November 2011
BBC Children in Need has announced the launch of Celebrity Style Challenge 2011 – a collection created with the help of a handful of famous guest designers which will roll out at Debenhams stores to raise funds to disadvantaged young people in the UK.
Debenhams to roll Henry Holland range to new stores Tuesday, 8th November 2011
Debenhams is preparing to expand its H! by Henry Holland range after it proved to be a bestseller.
BRC report shows retailers keen to give back Tuesday, 1st November 2011
A new report published by The British Retail Consortium (BRC) shows retailers in the UK are prepared to invest vast amounts of time and money into local charitable work. The study, titled ‘Retail in Society: Serving our communities’ details cases where retailers have spent up to £25 million and thousands of hours by staff on community and special projects.
Debenhams launches home catalogue Tuesday, 25th October 2011
In a bid to drive online sales, Debenhams this week launched its first home catalogue, featuring homewares, furnishings, and electricals. The UK’s second largest department store chain sent an initial 195,000 brochures out yesterday to cardholders. The 68 page catalogue will also be available to pick up and online, and includes the retailer’s much lauded home designers ranges from Jasper Conran, Matthew Williamson and John Rocha.
Debenhams beats forecasts with 10% rise in profit Thursday, 20th October 2011
Britain’s second largest department store group managed to beat forecasts with a 10 per cent rise in annual profits. Trading from 169 stores in Britain, Ireland and Denmark, Debenhams managed to increase profits after price cuts helped win market share. The group has been employing a strategy of driving profits by investing its gross margin into pushing sales.
Debenhams launches Curvy Kate Wednesday, 19th October 2011
The department store this week added Curvy Kate, a plus-size lingerie brand to its online offering. Debenhams joins a number of retailers aiming to cater for plus-size consumers, following on from Next’s Simply Yours brand launch. Lingerie etailer Figleaves and Asos will also stock the Curvy Kate brand, which retails £27 to £29 for bras and £12.50 to £14.50 for briefs.
Two months after riots, Debenhams takes Clapham party store under its wing Monday, 10th October 2011
Just eight weeks after a fire started by rioters gutted a fancy dress business in Clapham, owners have re-opened after being granted a concession in Debenham’s Clapham Junction store. The Party Superstore has re-opened just next door to its burnt-out shell of a shop where it sold party goods. The original site is so badly damaged it could take two years to rebuild.
Alexon forced to suspend shares “pending company’s financial position” Thursday, 29th September 2011
Womenswear group Alexon has now suspended its shares on the Stock Exchange “pending clarification on the company’s financial position.”
It seems administration could be on the cards for the group, which is said to be in talks with private equity firm Sun European Partners, who would likely favour a pre-pack administration with KPMG appointed as administrators.