Debenhams falls into administration

Debenhams falls into administration

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the failed attempts by Mike Ashley to acquire Debenhams, which has now entered administration. Despite being the largest shareholder, Ashley's bids were rejected, leading to a national scandal. Debenhams' share price has plummeted to zero, and a new company formed by banks and hedge funds plans to resurrect it by injecting funds, negotiating rents, and closing stores. However, challenges such as high rents and changing shopping habits pose risks. Debenhams, a part of retail heritage, faces an uncertain future.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the share price of Debenhams change over the years?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the statement 'Its past looks brighter than its future' imply about Debenhams?

Evaluate responses using AI:

OFF