Debenhams ‘set to put administrators on standby to protect business’ in coronavirus crisis

Debenhams ‘set to put administrators on standby to protect business’ in coronavirus crisis

Debenhams chief executive, Stefaan Vansteenkiste, said: “We are working hard to implement the transformation of Debenhams.

“Despite a challenging retail environment, thanks to our colleagues’ hard work and our investor group’s commitment we are progressing with our turnaround.”

Last Monday, Prime Minister Boris Johnson announced stringent measures in a bid to slow the spread of coronavirus in the UK.

Under the new coronavirus rules, the Prime Minister said members of the public should only leave their homes if its for one of a number of specified rules.

Published at Fri, 03 Apr 2020 13:18:00 +0000