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Virus Knocks Debenhams UK into Bankruptcy—Irish Stores to Liquidate

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Debenhams officially filed for administration in the U.K. on Thursday, though it’s determined to reopen as many stores as possible once the coronavirus-minded lockdowns come to an end. The high-street fashion chain also appointed Geoff Rowley and Alastair Massey of FRP Advisory as administrators to oversee its insolvency process. Filing for administration in the U.K….

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