Debenhams Return to Profit for First Time in 5 Years

Debenhams return to profit for first time in 5 years

Boohoo owner Debenhams has said the turnaround of its financial performance is gaining momentum as it hailed a return to profit for the first time in five years.

UK's Debenhams returns to profit after five years, expects further cost cuts

Boohoo owner Debenhams hails return to profit for first time in five years

Debenhams Group has been taking steps to reduce its cost base by selling off parts of the business.

Boohoo eyes £100m profit as online seller revives fortunes

Fast fashion firm Boohoo has set its sights on a £100m profit after emerging from years of consecutive losses.  The London-listed firm, which owns Debenhams, Karen Millen and Pretty Little Thing, said its turnaround plans are “significantly ahead” of schedule after producing its first pre-tax profit since 2021.  Boohoo has endured a rocky few years, [...]

Boohoo-Debenhams returns to profit amid turnaround – Northern Financial Review

Manchester-based Boohoo Group, the fashion retailer that now trades as Debenhams Group, has reported first-half profit before tax £28.3 million for the six months to...

Debenhams Group swings to first pre-tax profit in five years

Drapers 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.