Articles about debenhams

Debenhams reports full-year profit rise

Debenhams today reported an increase in full year profit in spite of unfavourable trading conditions.

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British high street stalwarts face competition from US newcomers

High street stalwarts Next, Marks & Spencer and Debenhams may have to face off serious competition from US apparel retailers looking to the UK to reel in extra profits, according to the Guardian.

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House of Fraser overtakes ASOS as UK’s most visible online retailer
Photo credit: My Retail Media

House of Fraser has beaten ASOS, Debenhams and Marks & Spencer to number one as the UK’s most visible online brand, according to a report from digital marketing agency Greenlight. Profiling UK consumer online behaviour, the Greenlight report found 3.2 million searches via Google UK were made for womenswear, menswear and fashion accessories in July.

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Google director joins Debenhams board
Photo credit: My Retail Media

Debenhams on Thursday announced Peter Fitzgerald, director for retail at Google, would join the department store’s board as a non-executive director. Having worked for Google since 2007 after an eight year stint at e-commerce giant Amazon, Fitzgerald will now be helping Debenhams grow its online business.

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Debenhams to expand into Estonia

Debenhams has signed an agreement with Citycon which will bring the department store to Estonia.

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My-Wardrobe.com announces senior employee reshuffle

My-Wardrobe.com has hired former Debenhams online marketing manager Joanna Stephenson as its new Trading Director.

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Debenhams on track to meet full-year profit forecasts

Debenhams today said it will meet full-year profit forecasts after the department store group posted a rise in underlying sales in its final fiscal quarter.

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Going down a treat: John Lewis, M&S and Debenhams all see Great British Bake Off boost
Photo credit: Marks & Spencer

Retailers get a boost from baking fanatics. The BBC’s Great British Bake Off has got the entire nation cooking as John Lewis, Marks & Spencer and Debenhams all report a rise in baking equipment since the third series went on air. Traditional style cake stands, food mixers, baking trays, scales and kitchen accessories have been flying off the shelves according to Debenhams, while sales of bread-makers at John Lewis are up by 70 per cent.

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Analysts buoyed by Debenhams performance
Photo credit: My Retail Media

New leadership and a strenghtened growth strategy has given analysts and investors renewed confidence in the Debenhams, with Singer Capital Markets this morning raising its target price for the retailer. The upgrade comes after analysts and investors were invited to visit with management on Friday at Debenhams’ Milton Keynes store, where it was able to showcase a number of strategic changes made to the business during the down-turn.

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Debenhams prepares to launch expansion push in Russia

British high street stalwart Debenhams is preparing to launch its first ever store in Russia this Saturday as it prepares to launch a full-on assault on what is tipped to become Europe’s biggest retail market.

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