RE: Debenhams deal is excellent24 Jan 2021 23:38
For what it’s worth I think this is a great deal for the following reasons-
• Debenhams have a very strong online presence
• They have a number of strong fashion brands that open up other markets to not just young fashion, such as Manta Ray, Principles and Jasper Conran to name a few
• In addition, Debenhams online could provide a conduit to sales other than fashion.
• And they’re getting this for only £50million a bargain compared with the price tag for Topshop & Topman at an estimated £350million.
A very canny move in my view. Hopefully the market will see it the same way.
GLA.