lundi 9 février 2009

Credit cover withdrawn from Debenhams

"Credit insurer Euler Hermes has told some of Debenhams’ clothing suppliers that they will no longer be given credit insurance cover, according to the Telegraph.
Credit insurance covers suppliers if their customers fail to pay for goods.
As such, Debenhams may be required to pay its suppliers for clothing up front - a fate that drove Woolworths [...]"
(2009-2-6)
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