Debenhams Group swings to first pre-tax profit in five years Reported EBITDA at Debenhams Group reached £19.7m in the six months to 31 August, while GMV (gross merchandise value) growth accelerated through the period as the Debenhams brand surged.
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I don’t own a car, but if anything that’s made me more fascinated – more keen to learn – about car design and the way it fits into our visual culture. Just like clothing, or watches, cars say something about the era they were designed and ab... >
StyleTheIndustry.fashionClothing and footwear volumes fell 0.9% as autumn and winter ranges stalled in one of the warmest Septembers on record, steepening a decline economists had expected to be marginal.
StyleTheIndustry.fashionLower exceptional costs and a wider gross margin drove the half-year swing. A non-cash US warehouse credit pushed the group into statutory profit, and disposals are set to clear its net debt by February.
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