Profits Will Rise Says Debenhams

Summary


DEPARTMENT store chain Debenhams said in a trading update today it expects to deliver a rise in annual profits, despite a revamp of its shops hitting sales.

Like-for-like sales in the six months to August 29 fell 3.8% as the company converted large areas of its outlets from concessions to ownbrand ranges.

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Extract


Profits Will Rise Says Debenhams

Debenhams said cost controls and better stock manageme...

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