Tag Archives: Debenhams

Major British department store to axe 320 management roles by next month

Debenhams is planning to cut 320 jobs across the UK – around 25% of its store management roles. The retailer said it was part of a £10 million cost-cutting strategy announced last month, when it issued a profit warning amid disappointing Christmas trading results. A Debenhams spokesperson said: “As part of the implementation of the Debenhams Redesigned strategy

National retailers drive digital growth for Adore Jewellery

Swarovski Group-owned brand Adore Jewellery has grown its digital presence in partnership with two of the UK’s largest multiple retailers. Since launching in AW16, Adore has been going from strength to strength. Most recently, the fashion brand has noticed an increase in its online power following a partnership with jewellery e-tailer Watch Shop, and national department

Debenhams reports challenging Christmas trading period

Department store Debenhams has revealed its Christmas trading was disappointing and has warned that annual profits will fall below expectations as a result. Analysts had been expecting annual profits to be about £83m, but following its Christmas performance the retailer has now said should the current “competitive and volatile environment” continue, the underlying pre-tax profits

Karl Lagerfeld AW17 line hits the ground running

The global launch of Karl Lagerfeld’s AW17 jewellery collection into the UK & Ireland this past September was met with enthusiastic interest from buyers and initial sell through has surpassed expectations. The collection, which has been created in collaboration with the Swarovski Group, launched into Karl Lagerfeld stores and Karl.com with many of the AW17

Debenhams senior director departs after 23 years as department undergoes reshuffle

Debenhams has announced that its group trading director Suzanne Harlow will step down after 23 years at the company. The retailer said Harlow intends to explore new opportunities elsewhere and will leave the business on October 20. Her departure comes as new boss Sergio Bucher, former Amazon fashion chief, seeks to turn around the department store. The