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Bankrupt Debenhams Facing Liquidation After Failed Buyer Search

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

This week may be British retail’s worst one yet. After Topshop parent Arcadia Group collapsed into administration Monday, Debenhams on Tuesday appeared to hit the end of the road, commencing a wind-down of U.K. operations that could potentially wipe out 12,000 jobs. Debenhams will continue to sell through its 124 U.K. stores and online to…

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