Debenhams boss hedges his bets on London 2012

Quote of the day: 'I know, because it comes along every four years, that European football distracts spending into televisions, barbeques and beer. What I don't know is the impact the Olympics will have.' Debenhams CEO Michael Sharp is undecided about the potential effects of London 2012. But rather than expect the worst, he prefers a rather more optimistic stance: 'However, I know that there are going to be 11 million people visiting the UK and that it might be their first visit to Debenhams!'

by Rebecca Burn-Callander
Last Updated: 09 Oct 2013
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