Business · 14 July 2026
Debenhams could sell more brands to cut its growing debt pile
Debenhams is considering selling more of its brands as it tries to reduce debt and improve its finances. The retailer, formerly Boohoo Group, has already decided to keep Pretty Little Thing after its recovery but still plans to sell other non-core assets and explore licensing deals. The company wants to lower its net debt over the next 12 months as its turnaround continues.
Reported by City AM · How we write briefs