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Debenhams owner's bid to raise £35m risks new row with Ashley
The Guardian
|February 18, 2026
The owner ofBoohooand Debenhams is raising £35m from shareholders in a move that could open a fresh conflict with the Sports Direct founder, Mike Ashley.
The company, which also owns Oasis, Warehouse, Pretty Little Thing and Karen Millen, said yesterday that the new cash would help reduce debtsand fund its turnaround plans. These involve slashing costs, selling off a distribution centre and operating Debenhams as an online marketplace for other brands.
Dit verhaal komt uit de February 18, 2026-editie van The Guardian.
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