Debenhams posts acceleration in sales growth
Debenhams has bucked the gloomy trend, helped by its breadth of products, broad range of customers, and increased marketing spend.
The group, which trades from stores in Britain, Ireland, and Denmark, and more than 60 international franchise stores, said yesterday it would meet analysts’ consensus expectations of about €194.5m for the year to Sep 1 pre-tax profit, up from €189m in 2010-11.