Member Info for Reardon95

Big fan of what Finley is doing. If we are a digital only retail and Britain's number 1 online department store. We have to showcase the best digital offering.

They’re now recruiting for head of external communications. Big push for positive media coverage here. Must be at least one thing positive to shout about here!

My opinion on the refunds is they have not been used to handling the volume of orders through the marketplace model. This has caused refund delays and back and forth from the third parties. Hence they have just inked a deal with Mango Pay. This is not going under. Refinancing deal of £175m is close.

Big Mike will be jittery here. Debt holders always have priority in the event of insolvency. TPG will either see positive trends emerging here or values in the brands / infrastructure or luckily both.

Surely this has actually turned out to be much better news if you have a paper certificate?

Some positive numbers given in this post. Reduction in returns a big positive.

https://www.linkedin.com/posts/debenhamsgroup_updates-activity-7354434520223256576-OAy0?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAABbm6a0BMu1_DU9-0kgK-ZnzIcRgXXU6ZVg

SCB - aka stupid crying baby.

RNS out

Https://www.theindustry.fashion/debenhams-former-owner-tpg-in-talks-to-revive-links-with-boohoo-debt-deal/

I’m not giving up my shares until at least £10. Screams undervalued and opportunity to me.

This is poised to explode. If only we had Finley before the ludicrous idea to invest in a million warehouses. This money should have been spent vastly improving the platform and on marketing.

Might be different this time and Frasers huge facility of up to £3.5 billion might suggest otherwise. Lots to speculate on at the minute. Be thankful when refinancing is announced and the terms attached. Fingers crossed for now!

That is a good show of faith. £175m is not to be sniffed at by any means and shows there are green shoots. PLT rebrand does not look like a good move for us, however the pivot to marketplace will be key for profitability and this would be even better if we can nick REVB with the clear affinity with the beauty segment with our current young fashion customers. The debt refinancing has definitely been the cause of the delayed results. Once these are finalised I’m sure we will get results imminently after.

Https://www.theindustry.fashion/why-debenhams-is-leaning-into-marketplace-model-with-boohooman/

Completely agree Northern. He has no care at all for the average shareholder here. In fact he would probably relish we lose everything for supporting Kamani.

Mike is so close with his holding to triggering a mandatory offer here. If he can't force his way on to the board with Lennon and results start to improve here he will have no other choice but to bid.

Back in the 20s today.

I believe a pre pack administration deal is being worked over at REVB. It would explain the long delay in the formal sale process and also DEBS desire to look for an asset backed lender. Also, having Iain McDonald on the board here and the captain of the ship over at REVB this all ties up. Especially as Finley had previously mentioned that the group will be fine with a smaller facility with the new operating model. I’m just putting it all together.

I believe a pre pack administration deal is being worked over at REVB. It would explain the long delay in the formal sale process and also DEBS desire to look for an asset backed lender. Also, having Iain McDonald on the board here and the captain of the ship over at REVB this all ties up. Especially as Finley had previously mentioned that the group will be fine with a smaller facility with the new operating model. I’m just putting it all together.

I believe a pre pack administration deal is being worked over at REVB. It would explain the long delay in the formal sale process and also DEBS desire to look for an asset backed lender. Also, having Iain McDonald on the board here and the captain of the ship over at REVB this all ties up. Especially as Finley had previously mentioned that the group will be fine with a smaller facility with the new operating model. I’m just putting it all together.