{"id":161048,"date":"2019-03-17T21:11:05","date_gmt":"2019-03-17T21:11:05","guid":{"rendered":"https:\/\/www.theindustry.fashion\/watchdog-fca-probes-claims-of-rebound-by-debenhams\/"},"modified":"2021-08-12T13:55:23","modified_gmt":"2021-08-12T13:55:23","slug":"watchdog-fca-probes-claims-of-rebound-by-debenhams","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/watchdog-fca-probes-claims-of-rebound-by-debenhams\/","title":{"rendered":"Watchdog FCA probes claims of rebound by Debenhams"},"content":{"rendered":"
Debenhams has been accused of misleading suppliers and concession holders in a press release last year, prompting a review by the Financial Conduct Authority (FCA).<\/p>\n
The troubled department store chain said in September that it still had \u201csignificant headroom\u201d in its debt facilities as it responded to press speculation about its finances. It added that any \u201csustained upturn would result in a rebound in our profit performance\u201d.<\/p>\n