Debenhams’ director of merchandising Adele Calderwood has reportedly stepped down, marking the latest blow to the department store.
According to Drapers several sources alleged that Calderwell, who has worked at the retailer for 14 years joining from Arcadia in 2004, will now depart.
Debenhams has declined to comment at this stage.
The outgoing director joins merchandising manager for men’s accessories Kate Ludlow-Edson, who left the company after 13 years to join Topman.
The news comes just a day after it was revealed one of Debenhams’ leading credit insurers had cut cover provided to the retailer’s suppliers.
Atradius has stopped all of its credit cover for Debenhams’ suppliers ahead of reported fears over the department store’s health in the run up to Christmas.
Meanwhile the department store itself has forged ahead with its turnaround, opening a new 86,000sq ft store in Intu Watford last week featuring the UK’s first redesigned beauty hall.
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