01-04-2020 10:17 via retailgazette.co.uk

Debenhams defers concession payments for 30 days

// Debenhams all historic concession balances for 30 days amid Covid-19 outbreak
// The measure was taken in order to to mitigate the government-mandated shut down of its store estate
In a bid to save the business amid the ongoing coronavirus pandemic Debenhams is deferring all its concession balances for 30 days.
As seen by Drapers, a letter was sent to suppliers from the department stores chief executive Stefaan Vansteenkiste ,stating that Debenhams was aware that the suppliers may have been e
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