Sunday September 20, 2020

INSIDE DEBENHAMS: the real reasons behind its fall

Fate of company’s 2,200 Irish employees in will be decided in the next 100 days. Will the Roche family cut a deal?

Ian Guider

Markets Editor

@ianguider
15th May, 2016
6
Debenhams flagship store on Henry Street Pic: Fergal Phillips

Another week, another major retail casualty. With a roaring economy and booming retail sales, just how is it that Debenhams found itself seeking the appointment of an interim examiner in a bid to restructure its Irish business, which has lost money in five of the last six years?

Between its own staff and those employed by concession holders in 11 shops across the country, Debenhams employs 2,200 people in Ireland. Their future will be decided...

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