Debenhams shares rocked on credit insurance alert

Debenhams shares fell out of fashion on Monday following reports that credit insurers have reduced cover for suppliers to the struggling department store chain.

Debenhams shares rocked on credit insurance alert

Debenhams shares fell out of fashion on Monday following reports that credit insurers have reduced cover for suppliers to the struggling department store chain.

Credit insurance company Euler Hermes is among those to have pulled some cover, while Atradius and Coface have refused to cover new shipments, according to the Sunday Times UK.

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