Debenhams has warned of a sharp fall in profit after big discounts failed to spur a surge in last-minute Christmas shopping, sending a shiver through weaker British retailers.
In an ominous sign for rival Marks & Spencer (M&am
Debenhams, a British retailer operating under a department store format in the UK, Ireland and Denmark, has announced the opening of its new department store at Dalma Mall in Abu Dhabi.
The store, located on ground level of the ma
Gatehouse Bank, the Kuwait owned Islamic investment bank based in London, has completed the GBP33.4 million ($53 million) acquisition of the Debenhams department store in the centre of Leeds in the UK.
Working closely with its sister co
Three major British retailers, Debenhams, WH Smith and Dunelm, said they could successfully navigate a grim consumer environment by focusing on profit margins and pulling "self-help levers".
Cash-strapped UK shoppers are unwilling to spend
UAE retail and property group Landmark, which is eyeing a London acquisition, said UK retailer Debenhams was an attractive target but too expensive.
Landmark, owned by Indian tycoon Micky Jagtiani, has about $1 billion in its acquisition w
Bahrain City Centre, the biggest and brightest new shopping destination in the Kingdom, will have its first major anchor stores led by Debenhams, H&M, Virgin, Carrefour and Freedom Furniture when it opens its doors in September.
Oasis will introduce this summer a beautiful collection of Floral Frocks, four exclusive dresses based on original vintage prints from the mid 20th century and designed with a modern contemporary feel.
The new range will be unveiled at se
Debenhams has unveiled its stylish new autumn/ winter collection -- a range of stunning looks featuring leather and cardi coats, colourful swing jackets and knitted dresses.
The new collection brings the latest winter styles of leading lab