Share price decline implies Debenhams is at death’s door

Will the fading retailer survive to see Christmas?
Thursday 13 Sep 2018 Author: James Crux
Ailing department store Debenhams’ ( DEB ) shares plunged to fresh lows on media reports it had called in accountant KPMG to consider its options, as the chill wind blowing through the high street threatens to claim another victim. The fear is the decision to bring in KPMG is a prelude to a company voluntary arrangement (CVA) or perhaps worse. Debenhams’ response (10 Sep) failed to address investors’ key...

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team
Disclaimer

The value of your investments can go down as well as up and you may get back less than you originally invested. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified financial adviser. Tax treatment depends on your individual circumstances and rules may change. Past performance is not a guide to future performance and some investments need to be held for the long term.