Debenhams

Boohoo Group is exploring a sale of its office building in London's Soho, which it acquired for £72m in 2021, Drapers has learned.

The Advertising Standards Authority (ASA) has upheld a complaint against Debenhams after it investigated an advertisement on social media.

Fashion retailer Zara has signed a former Debenhams unit in Glasgow's Silverburn shopping centre as it upsizes from its current store, Drapers can reveal.

As revenue and profit at Boohoo Group continued to fall in its most recent financial year, Drapers asks analysts whether the troubled etailer can return to growth in 2025.

Boohoo Group-owned Debenhams has reported a pre-tax loss of £732,000 in the year to 28 February 2023, compared with a loss of £11.7m in the previous year.

Two in five former Debenhams stores have now been taken by other retailers, with Frasers Group and Marks & Spencer topping the list of new occupiers, latest data shows.

Debenhams' Churchill Square store will be taken over by Ikea as the Swedish homeware retailer's owner announces the acquisition of the Brighton shopping centre.

More than 400 former Debenhams staff who lost their jobs after the business went into administration in 2020 have won their legal battle against the troubled retailer.

Boohoo Group-owned Debenhams is set to launch a new division for premium brands on its website, as it looks to become a "great British digital department store".

US fashion and lifestyle brand Nautica has launched on Debenhams' online marketplace.