Member Info for TheNorthern

But also hiring in the Debs group, plenty of jobs available including a finance manager - possibly managing the bungled returns process, unless its all done through a third party which may be the case. Anyway, not the distress signals of a company "priced to go bust".

Why would anybody lend millions against a predominantly marketplace model if it had zero value? Again, they see inherent value in either the brand, the people or the business. Even if as has been said they pick over the carcass once cooked, there'd be nothing of value there? It's a bet on the fact this has something about it that can survive, it's a bet FOR Finley. More still to do but that's always the case. You can say the leadership are bias or emotional or greedy but you can't say a lender suffers from those traits, they are in it to gain the loan back with interest, something they felt (and they know their onions) they can do.

Qube down .10% with many more probably slowly exiting today. More to go here.

This was always going to be a 2 year minimum turn around, Dan was not going to turn up and start reversing at 100mph out of agreed distribution centres etc, deals signed with suppliers, staff reduction at a huge level etc. Communication was delayed because they were likely in negotiations with TGP and it's not been ideal for sure, let's take a step back and let the results hit. Absorb those with the knowledge they have 12 months at least of efficiencies and restructuring and then lets see. Plenty of revenue to play with its just a case of slimming the offering and cut off the dead wood. Thats if Ashley doesn't turn up and I'm sure the shorters will think they have milked this to it's max.

Schrödinger's refinancing here, last week, desperate for it, this week, proves bankruptcy. Amazing mental gymnastics, I'll await results and probably continue avoiding the relentless - and often wrong - speculation on here! GL.

Nothing is ever 100% Hexam, but there is millions of £ being lent which is a bet by TGP on the future of this business, based likely on figures they've seen and we haven't. Mike may have to get involved and on the face of it it can't be negatively spun just because of a rate that might as well be 0% if they couldn't pay it back. ASOS borrowed at 11% in 2023!

No bank has lent anything at any rate without seeing whether 1) the company can work its way into a position to pay it back and 2) going over the figures with a fine tooth comb.

Rubbishes a few comments on here in the past few weeks that this is close to bankruptcy/going private/some elaborate scam only for the benefit of Mahmud etc etc etc

Certainly a vote of confidence and not one tied to MA and his unreasonable demands. Time for Dan to continue showing he's the right person to take this forward into 2026. Should show a lot of people what sort of posters we have on the regular on here also! Pinch of salty.

People on this board seem to gain joy out of the demise here and winning personal arguments as opposed to genuinely debating the state of play. If being right on a messageboard brings you this much joy then I'm sorry for your unfulfilled life. Unless you're short of course and then I guess its a good days work.

I'm sure somebody was off on holiday by now as well but averages a post every 23 minutes. Patience as always, those that held from 30-40p and are still in with either be put out of their misery or enjoy the come back. That's all there is to it, thank you to those who engage in solid debate and scenarios.

Sorry, Kamani was owed £100k for 7 or 8 YEARS and lent it from Pinstripe Clothing Ltd:

"The loan to Mr Majid was made via Pinstripe Clothing, a private company personally co-owned by Mr Kamani which now trades as Pinstripe Property. It is not part of Boohoo and Mr Kamani remains a director."

What part of this means Debenhams are liable for anything? Or just another stick to beat the share over the head with and get MA this for next to nothing? Don't get me wrong I'd prefer Kamani to resign but I'm not sure he feels he needs to over requesting his money back he lent a supplier through his own Company.

But the question remains, if Ashley wants the business he can buy it, there's nothing stopping him!

7am this time, when do your paymasters pay you from? Go on holiday.

Many on here agreed with the US DC decision at the time, just shows you how fast things can change. REVB would be madness at this stage to a business hemorrhaging cash. However, nobody really knows, less of a loss than the same period last year and some rejigging with offerings and employees is movement.

What did you guys get up to in the summer of 2025?

Oh me and a few others spent 7am-9pm posting on a message board about a company we were convinced was going bust, convinced two accounts that have been around for ages and post mostly in completely different company board were the same person! lolz

OK so results obligated to be posted by end of this month, there we have it, not a single "WHEN RESULTS" post now until maybe the last week? Are we agreed? Sell up and tottle off or average down and strap in. Your time off this board is worth more to you than your time on this board is to us!

Bon, what's the point in that post pal? Go touch grass or something, add to the debate or don't bother.

Well he's lost money as it stands no doubt, but he's also got influence. He will get DEBS in the end and will still have a rampant retail empire and the Kamani's only will if they work with him, IMO. If what you say is the way it plays out Kachra, which would help the company stay afloat so if it was one or the other I hope it is, he wins. He's positioned at 29% for a reason.

They have clearly cut staff, hence the basic functions spooling out of sync. I'm not sure if sales drop just as quick whether they can cut quick enough! Results and clarity on the RCF needed. As I say, not sure £1.3m goes into AI or a press release even pops out announcing it if the company is weeks away from insolvency. I can only take Mike's silence as he's involved in some way but then again he wins either way, that's what Mike does.

I do find it incredibly frustrating Dan is sat there writing "this is about our people" in regards to some third party AI training course and the world is burning all around him. 24/7 on solid wins, and reporting deadlines please, Dan!

The drop is probably down to the RNS as it will have leaked as it did last month before the supplier stuff/RCF. I'd already written this off if I couldn't get to a better average before action happened either way.

the first word at 8am and the last word at 10pm, scb just state your position and i'm sure it was you who said you had kamani's direct contact. as an aside, i wouldn't bathe in the water in the uk currently its as full of **** as you are.