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Virus Knocks Debenhams UK into Bankruptcy—Irish Stores to Liquidate

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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