Tens of thousands of jobs have also been lost across the high street as retailers and hospitality businesses have borne the brunt of the crisis.
This month, the company and its hedge fund backers - which include Silver Point Capital and GoldenTree Asset Management - launched an auction through the investment bank Lazard in an attempt to secure new investors. "The administrators have appointed advisors to help them assess the full range of possible outcomes which include the current owners retaining the business, potential new joint venture arrangements or a sale to a third party."
Cheers China,🤬
Coronavirus? They have been on the wobble for years 😕
Just of made a plan before. Outdated, overpriced and a very boring store from the visual side
NFGmart It will be sad, but Debenhams failed to move with the times. Some stores looked so outdated and drab, and the range was truly awful!
Soon there won't be any shops left on the high street.
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