Debenhams Group news and archive

Debenhams Group transformation "firmly on track"

Debenhams Group, the British retail group formerly known as Boohoo Group, has announced that the year to February 28, 2026, was “a year of significant and successful transformation” for all its brands, but especially PrettyLittleThing, which returned to profit. In its audited results, Debenhams posted adjusted EBITDA of 53.3 million pounds for...

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Debenhams Group names new chief technology officer

Debenhams Group, the British online retail group, has appointed Paul Aspden as chief technology officer to scale its marketplace technology and AI innovation to support its next phase of growth. Aspden, who joined the Debenhams Group in 2023, was most recently director of technology and has been “instrumental in developing and scaling the group’...

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Debenhams Group appoints new chief product officer

Debenhams Group, the British retailer featuring Debenhams, Karen Millen, Boohoo, Man and PLT, has named former Asos executive Nikki Tattersall as its chief product officer, tasked with accelerating the turnaround of its youth fashion brands. In a statement, Debenhams Group said that Tattersall, former buying director at Asos, will lead product...

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Debenhams Group names Richard Vanoli as MD of Debenhams

Richard Vanoli has been named as the new managing director of the Debenhams brand, parent company Debenhams Group has confirmed. The appointment comes as Debenhams itself continues to lead a business-wide turnaround at the group, which had first acquired the retailer out of administration in 2021. Since then, Debenhams Group – formerly known as...

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Debenhams Group reportedly enacts redundancies in move to AI imagery

Debenhams Group has reportedly carried out a handful of redundancies as it expands the use of artificial intelligence (AI) across image creation. According to sources for Drapers, less than five redundancies have taken place to date within the studio department, which includes photography, hair and makeup, retouching, casting and production. The...

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Debenhams confirms plans for 35 million pound fundraise

Debenhams Group has confirmed that it is preparing for an equity fundraise amounting to around 35 million pounds as it seeks to build up additional liquidity and the “optimal capital structure”. Chief executive Dan Finley, co-founder Mahmud Kamani, and non-executive director Iain McDonald are set to take part in the fundraise, participating at...

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Debenhams partners with PayPal on AI shopping assistance

Debenhams Group is accelerating its adoption of artificial intelligence (AI) through a new partnership with PayPal. The payment provider will be working with Debenhams on implementing an AI-powered shopping assistant that will allow customers to receive personalised recommendations and check out all through PayPal’s app. Through the partnership,...

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Nasty Gal to launch via Amazon as Debenhams doubles down on US expansion

Debenhams Group is accelerating its expansion in the US through the launch of Nasty Gal on the Amazon Fashion platform. With the collaboration, the US label will offer 172 items to local Amazon customers, with new stock to launch monthly. The launch intends to provide US customers with more direct access to Nasty Gal goods, further emphasised by...

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Debenhams Group shuffles boardroom

Fast fashion conglomerate Debenhams Group – formerly Boohoo Group – has named Tom Handley as a new member of the board. Handley, who becomes an independent non-executive director for the group, will take up his position immediately. He will also sit on the Audit and Risk, Remuneration and Nomination Committees. Handley’s appointment comes as...

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Debenhams places 1,200 jobs at risk in proposed closure of Burnley warehouse

Debenhams Group – formerly Boohoo Group – is potentially putting 1,200 jobs at risk as it proposes plans to close its distribution site in Burnley, Lancashire, move forward. The fast fashion group said it intends to “gradually transfer” its online distributions centre operations to Sheffield, according to Business Live. This would follow the...

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Debenhams trims losses as transformation gathers pace; PLT sale on the table

Amid an ongoing, company-wide transformation plan, much of which relies on transitioning to a marketplace model, Debenhams Group – formerly Boohoo Group – has seen a marginal improvement in performance for the full-year to February 28, 2025, despite overall sales softening. The company reported an adjusted EBITDA of 41.6 million pounds, with an...

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Debenhams Group to back Revolution Beauty fundraise

Debenhams Group – formerly Boohoo Group – has said it intends to support Revolution Beauty’s proposed 15 million pound fundraise and plans to subscribe for shares proportionate to its entitlement. The fashion group, which holds 27.03 percent of Revolution’s issued share capital, also announced it was in discussions with the beauty brand to...