direct to your inboxMike Ashley's Frasers Group has said it is in talks with Debenhams to save the department store’s UK's operations.It was announced last week that administrators had "regretfully" decided to start the liquidation process of the 242-year-old department store chain.The company confirmed plans to start winding down its operations after rescue talks with JD Sports collapsed.The news came just a day after Topshop owner Arcadia, which is also Debenhams’ biggest concession holder,