Debenhams and Boohoo

[jack_lord]

Boohoo have bought Debenhams but are still closing all of their stores

https://www.bbc.co.uk/news/business-55793411

 

[Best_loser]

55 million just for the brand, seems a lot unless remaining stock was included

Big problem for the quadrant now

 

[monmouth]

There's real value in brands....it's why Ashley bought up so many for sports direct

ASOS I think, is talking of buying up all Green's brands from Arcadia. So bye bye Burtons/Top Shop etc stores too.

High street and shopping centres need a radical change. It'll be forced on them earlier than otherwise now anyway.

 

[Jack2jack]

There's real value in brands....it's why Ashley bought up so many for sports direct

ASOS I think, is talking of buying up all Green's brands from Arcadia. So bye bye Burtons/Top Shop etc stores too.

High street and shopping centres need a radical change. It'll be forced on them earlier than otherwise now anyway.

ASOS are only thinking of taking some of the brands, I think a Chinese company called Shein are also interested,but looks like it'll all go on line.Mrs J2J works for Arcadia, she reckons she'll be out of a job within the week,along with 13000 others,not looking good. Debenhams gone online,another 12000 jobs down the shitter

 

[PSumbler]

55 million just for the brand, seems a lot unless remaining stock was included

Big problem for the quadrant now

Said it before on this one I wouldn't be surprised to see Primark take it on

Although there are reports suggesting that their refusal to go online is putting some big pressure on them as a brand as you would expect

 

[Best_loser]

There's real value in brands....it's why Ashley bought up so many for sports direct

ASOS I think, is talking of buying up all Green's brands from Arcadia. So bye bye Burtons/Top Shop etc stores too.

High street and shopping centres need a radical change. It'll be forced on them earlier than otherwise now anyway.

Ashley buys manufacturing brands like Lonsdale, Dunlop , kangol etc etc
Boo boo just want to keep the online customers debenhams already has, time will tell if it was worth 55 million

 

[Best_loser]

55 million just for the brand, seems a lot unless remaining stock was included

Big problem for the quadrant now

Said it before on this one I wouldn't be surprised to see Primark take it on

Although there are reports suggesting that their refusal to go online is putting some big pressure on them as a brand as you would expect

Primark must be favourites, its a big store, the property owners could always split it into 4 or 5 separate units but they have to find 5 companies then, if Ashley bought it he would put a gym on the second floor

 

[Jack2jack]

55 million just for the brand, seems a lot unless remaining stock was included

Big problem for the quadrant now

Said it before on this one I wouldn't be surprised to see Primark take it on

Although there are reports suggesting that their refusal to go online is putting some big pressure on them as a brand as you would expect

Primark and also Next have walked away from any deal,so not going to happen,just saying.

 

[Jack2jack]

Said it before on this one I wouldn't be surprised to see Primark take it on

Although there are reports suggesting that their refusal to go online is putting some big pressure on them as a brand as you would expect

Primark must be favourites, its a big store, the property owners could always split it into 4 or 5 separate units but they have to find 5 companies then, if Ashley bought it he would put a gym on the second floor

primark are out of any deal

 

[PSumbler]

Said it before on this one I wouldn't be surprised to see Primark take it on

Although there are reports suggesting that their refusal to go online is putting some big pressure on them as a brand as you would expect

Primark and also Next have walked away from any deal,so not going to happen,just saying.

Fair comment just seemed to me as if they would be a likely front runner

Difficult to see anyone else wanting it although when we are back in the Premier League it could be a Swansea City megastore :lol:

 

[monmouth]

There's real value in brands....it's why Ashley bought up so many for sports direct

ASOS I think, is talking of buying up all Green's brands from Arcadia. So bye bye Burtons/Top Shop etc stores too.

High street and shopping centres need a radical change. It'll be forced on them earlier than otherwise now anyway.

ASOS are only thinking of taking some of the brands, I think a Chinese company called Shein are also interested,but looks like it'll all go on line.Mrs J2J works for Arcadia, she reckons she'll be out of a job within the week,along with 13000 others,not looking good. Debenhams gone online,another 12000 jobs down the shitter

Really sorry to hear that A. I hope she's ok and finds something she likes. Awful times for retail now, or any business caught in the crossfire.

 

[monmouth]

Ashley buys manufacturing brands like Lonsdale, Dunlop , kangol etc etc
Boo boo just want to keep the online customers debenhams already has, time will tell if it was worth 55 million

I'd be surprised if they don't try and expand the online market using the familiarity of the name to the instore customers too. There's probably a lot af customer data involved in the deal? That does cost money.

 

[dickythorpe]

Extend the bus station ?

 

[monmouth]

Extend the bus station ?

Could bring a whole new meaning to jumping on a bus

 

[Ebo]

I heard a rumour a while ago that Matalan was interested in taking over that space in the quadrant and keeping the brands in place. Pretty much like what Sainsbury was doing with Argos or what Matalan do in their larger stores.