Debenhams’ Irish stores rack up €7m in losses
The company put its 11-strong Irish chain of outlets into examinership last summer
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, €19.99 Monthly thereafter
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Tom Maguire: Tax changes we make now could help business for years
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
The Daily Briefing
What’s coming up today and what you might have missed
The Daily Briefing
What’s coming up today and what you might have missed.