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Debenhams PLC (DEB.L)

DEB.L on London Stock Exchange

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Tue, Jun 19 2018

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UK's Debenhams cuts profit forecast again, may sell Danish stores

LONDON British department store chain Debenhams cut its profit forecast for the third time in six months on Tuesday and said it might sell its Danish shops to bolster its finances and help cope with an industry crisis at home.

UPDATE 2-UK's Debenhams cuts profit forecast again, may sell Danish stores

* Shares fall as much as 19.4 pct (Adds detail, CFO, CEO, analyst comment, shares)

UK's Debenhams considers sale of Danish chain

LONDON British department store operator Debenhams will consider the disposal of its six-store Danish chain Magasin du Nord as part of a strategic review of non-core assets, its finance chief told reporters on Tuesday.

UK's Debenhams considers sale of Danish chain

LONDON, June 19 British department store operator Debenhams will consider the disposal of its six-store Danish chain Magasin du Nord as part of a strategic review of non-core assets, its finance chief told reporters on Tuesday.

UK's Debenhams warns on profit again, blames weak market

LONDON, June 19 British department store Debenhams warned on profit again on Tuesday, blaming poor trading on increased competitor discounting and weakness in key markets.

UPDATE 3-Debenhams adds to UK retail gloom with new profit warning

* Shares down 61 pct year-on-year (Adds detail, official UK retail sales, CEO, CFO, analyst comment, shares)

BRIEF-Debenhams Says CFO Matt Smith To Quit Firm

* MATT SMITH, CFO, HAS INFORMED BOARD OF HIS INTENTION TO LEAVE GROUP TO TAKE UP POSITION OF FINANCE DIRECTOR AT SELFRIDGES

Debenhams cuts dividend as first-half profit slumps

LONDON, April 19 British department store group Debenhams on Thursday warned on the full-year outlook for the second time in four months and cut its dividend as it reported a 52 percent slump in first-half profit.

BRIEF-Intu Says Planning To Invest Over 560 Mln Stg In UK Centres Over Next 3Yrs

* CONTINUE TO SEE GROWTH OPPORTUNITIES FOR £10 BILLION UK PORTFOLIO

Sports Direct seeks 'partnership' with Debenhams after raising stake

LONDON British sportswear retailer Sports Direct has increased its stake in department store chain Debenhams to 29.7 percent and is seeking to extend its relationship with the firm to "a strategic partnership", it said on Friday.

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