Mike Ashley drops out of Debenhams sale

Mike Ashley Debenhams acquisition

Mike Ashley has reportedly withdrawn from the running to acquire Debenhams after refusing to match the £300 million price tag set by the retailer’s advisers.

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Get ahead of your competition: Luxury Sector 2022 Report

The trend is clear: online is set to become the leading channel for luxury purchases by 2025. Online shopping for luxury goods increased in value by 50% and nearly...