Debenhams news and archive

Graduate to Watch: Kitty Carr-Lake from Leeds University

This week the 34th edition of Graduate Fashion Week, the world’s largest showcase of BA degree talent, took place in London, celebrating the work of more than 3,500 of the very best fashion graduates. One of those graduates honoured at the annual showcase was Kitty Carr-Lake, a graduate from the BA Fashion Design Innovation course at the...

Fashion |Interview

Debenhams’ Dan Finley: GFW “future fashion starts here”

Britain’s online department store Debenhams was this year’s headline sponsor for Graduate Fashion Week (GFW), the annual event showcasing graduate talent from the UK and international schools. The retailer has a long-standing history with the Graduate Fashion Foundation, the charitable organisation behind the world’s largest showcase of BA...

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Business

Frasers reportedly offers cash injection to Debenhams Group

Sports Direct parent company Frasers Group is believed to have offered a cash injection to Debenhams Group – formerly Boohoo Group – as it mulls debt refinancing. According to the Telegraph, Frasers, which owns a 29.65 percent stake in Debenhams, has reportedly requested a meeting with the retailer’s non-executive chairman Tim Morris to discuss...

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Frasers Group considers all cash bid for Revolution Beauty

Frasers Group has made a bid for British cosmetics brand Revolution Beauty. With this, Sports Direct’s parent company has joined “a number of parties conducting due diligence as part of the formal sale process”, the brand announced in a regulatory filing. Frasers confirmed its participation in its own filing, where it stated that it is...

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Debenhams mulls 125 million pound refinancing under new management

Debenhams Group, formerly Boohoo Group, has said it is considering the refinancing of a 125 million pound revolving credit facility as it continues to embark on a transformation under a new management team. A spokesperson for the fashion group told FashionUnited: “Having become Debenhams Group, we are currently at the early stages of evaluating...

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Boohoo to go forward with Debenhams rebrand despite Frasers backlash

Boohoo Group and its majority shareholder, Frasers Group, are clashing once again. Upon Boohoo revealing plans to rebrand the company to Debenhams Group, the fast fashion giant initiated a general meeting calling on shareholders to vote for or against the proposal. It was here that Frasers, the parent company of Sports Direct and the owner of...

Retail

Boohoo rebrands as Debenhams Group, but will it solve its problems?

Boohoo Group's decision to rebrand as Debenhams Group marks a strategic pivot aimed at revitalising its market position amid declining sales and heightened competition. The rebranding seeks to leverage the established Debenhams brand, which Boohoo acquired in 2021, transitioning it into an online department store. However, this move raises...

People

Debenhams names Asos veteran as business development lead

Boohoo-owned Debenhams has tapped Jo Hunt as its new business development lead. She joins the company from e-tailer Asos, where she has served in various roles of increasing responsibility over the course of 18 years. Hunt had first entered Asos in 2006 as a buyer for women’s brands, before later becoming head of Asos Marketplace, a B2C platform...

People

Debenhams promotes Patrick Duggan to creative director

Boohoo-owned Debenhams has promoted its head of creative to the role of creative director. Patrick Duggans takes on the leading role after being with Boohoo for four and half years, having initially joined in July 2020 as creative manager for Coast and Karen Millen. Duggans went on to become head of creative at Debenhams in October 2021, a role...

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Fashion

Watch: From hero gnomes to stylish goats, all the festive fashion films to know for 2024

It’s that time of the year, again. Brands and retailers across the globe have begun unveiling their always highly anticipated festive campaigns. This season, trends seem to revolve around flipping the script on the stress usually associated with the season; incorporating well-known (animated) figures into the storyline; and proposing new...

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Business

Boohoo revenue and profit decline, announces fund raising plan

In an interim results announcement for the six month period, Boohoo said revenue of 619.8 million pounds, declined by 15 percent reflecting difficult market conditions. The company added that the revenue growth was also impacted by the continued growth of the marketplace with its commission-only revenue model. Boohoo also announced a proposed...

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People

Boohoo appoints Dan Finley as chief executive

British online fast-fashion giant Boohoo has named Dan Finley as the group’s chief executive officer, defying major shareholder Frasers Group to install its owner Mike Ashley at the helm. In a statement, Boohoo said Finley, formerly of JD Sports and currently CEO of Debenhams, will take up his new role with immediate effect, succeeding John...