| 7.3°C Dublin

Debenhams in the UK starts liquidation process after Arcadia collapse

Debenhams is to start a liquidation process after JD Sports confirmed it has pulled out of a possible rescue deal, putting 12,000 workers at risk. The 242-year-old department store chain said its administrators have “regretfully” decided to start winding down operations while continuing to seek offers “for all or parts of the business”.

Most Watched Videos