Deal sees thousands of jobs saved at Debenhams

Debenhams stores in Ireland are set to remain open following the approval of a survival plan allowing the department store chain to exit examinership.

Deal sees thousands of jobs saved at Debenhams

Debenhams stores in Ireland are set to remain open following the approval of a survival plan allowing the department store chain to exit examinership.

Under the terms of the plan, which has been approved by the High Court, the retailer’s 11 stores are to remain open and the vast majority of the company’s 1,400 directly employed staff, some 500 concession staff, and 300 cosmetic staff are to be retained.

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