Debenhams to report almost 500 million sterling loss - Sky News, citing sources

FILE PHOTO: A new Debenhams department store is seen in a shopping centre in Watford, Britain, September 24, 2018. REUTERS/Peter Nicholls/File Photo - Copyright Peter Nicholls(Reuters)

By Reuters

Published on 24/10/2018 - 20:04•Updated 24/04/2024 - 12:46

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LONDON (Reuters) - British department store Debenhams <DEB.L> will report an annual loss of almost 500 million pounds ($644 million) on Thursday, the biggest loss in its history, Sky News reported, citing sources.

Debenhams was not immediately available for comment.