1. UK: Debenhams Chairman Ousted by Mike Ashley

    UK:  Debenhams Chairman Ousted by Mike Ashley

    The chairman and chief executive of Debenhams have been ousted from the retailer’s boardroom after two major shareholders – including Mike Ashley’s Sports Direct – voted against them. The chairman, Ian Cheshire, stepped down immediately while the chief executive, Sergio Bucher, will stay on but not as a director...

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