04-03-2019 08:45 via marketingweek.com

Debenhams, LK Bennett, Alpro: Everything that matters this morning

Mike Ashley attempts to take full control of Debenhams
Sports Direct boss Mike Ashley has launched a coup in a bid to take full control of Debenhams.
The move would see the retail tycoon appointed to the board and oust all directors except for the retailer’s finance director. He would step down from his current roles at Sports Direct.
Ashley already owns a 30% share of the ailing department store, with his growing portfolio including House of Fraser, Flannels, Evans Cycles and Sofa.com.
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