Business

Debenhams in Ashley’s sights

TAKEOVER speculation swirled around Debenhams yesterday after it emerged that Sports Direct had discussed merging it with its recently acquired department store chain House of Fraser. Daily Express :: City and Business Feed

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JD Sports applauds its high street ‘theatres’

THE boss of JD Sports has hailed its stores as “essential” to its success as it shrugged off wider retail gloom with record profits. The retailer, on the verge of promotion to the FTSE 100 after tapping into the growth of sportswear as fashion, is now aiming to crack the American market following its near-£400million acquisition of US chain Finish ...

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Debenhams to calm investors

DEBENHAMS sought to reassure investors over its finances after its shares hit a record low on fears of a restructuring which could lead to more store closures. The department store group, which has issued three profit warnings this year, put out a stock market announcement confirming it expects to make annual pre-tax profit of £33million, within the current market range. ...

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