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Read More »Debenhams seeks financial, product revamp
Bloomberg Debenhams Plc secured a lifeline from some of its lenders, giving the troubled UK department-store company $51 million in liquidity as it attempts a broader refinancing. The company, which operates middle-market stores that anchor many of Britain’s malls, also struck an agreement with export and logistics company Li & Fung Ltd. on a sourcing partnership for Debenhams own-brand products. ...
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