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Virus Knocks Debenhams UK into Bankruptcy—Irish Stores to Liquidate

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

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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