Debenhams gains market share despite €36m sales slide amid snow
The company said like-for-like sales in the 19 weeks to January 8 fell by between 2.5% and 3% due to the snow, leaving same-store sales across the period 1.3% lower compared with a year earlier.
Chief executive Rob Templeman said he was pleased with the festive performance, especially given that the company gained market share, notably in men’s and children’s clothing. He expects the company to make progress in the coming months, but is cautious about the strength of consumer confidence.
