Monday May 25, 2020

Debenhams’ Irish stores rack up €7m in losses

The company put its 11-strong Irish chain of outlets into examinership last summer

Ian Guider

Markets Editor

@ianguider
23rd April, 2017

The British department store chain Debenhams has said its Irish stores will still be in the red this year, having posted losses of £6 million (€7 million) last year.

The company put its 11-strong Irish chain of outlets into examinership last summer in an effort to slash costs, which included extricating itself from several leases on its shops. It also reduced its headcount by about 100, less than a tenth of its workforce in Ireland,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 3 weeks ago

What’s coming up today and what you might have missed

Hannah O’Brien | 5 months ago