Debenhams shares boom as long-awaited turnaround bears fruit Retail Debenhams shares soared after the fast-fashion retailer returned to growth, in a suggestion that the firm’s long-awaited turnaround is beginning to take hold. The firm, which is listed on the AIM market as Boohoo, said on Wednesday that its sales were up by 0.5 in the first three months of this year, prompting its shares [...]
‘Difficult year’ for discount retailer B&M as profits fall almost a half Retail A series of updates from London-listed retailers has light on the battle for sales between online and traditional outlets, with household spending under pressure, writes Michael Hunter. FTSE 250 retailer B&M has revealed a drop of almost a half in annual profit in what it called a “difficult year”. It was the most eye-catching piece [...]
Retailers ramp up pressure on Reeves to scrap tax break for e-commerce rivals Retail Retailers have urged Rachel Reeves to “revitalise the high street” by speeding up plans to close a tax break which they say unfairly favours Chinese e-commerce rivals. High street giants like Next, M&S and Primark have urged the Chancellor to impose a £2.60 flat fee on small parcels to rebalance a system which they say [...]
John Lewis, Debenhams censored over Black Friday ads May 20, 2026 John Lewis, Debenhams and Boots have been censored over “misleading” Black Friday ads after being accused of overstating the discounts on offer to shoppers. The three retail giants have had their adverts banned by the Advertising Standards Authority (ASA), which monitors ads using an AI-powered tool. The watchdog has been cracking down on retailers’ pricing claims [...]
Debenhams shares jump as turnaround gains pace March 30, 2026 Shares in Debenhams bounced on Monday as the fashion giant reported better-than-expected performance as it said it is making “significant progress” on its turnaround. Debenhams Group, which was renamed from Boohoo last year, said its underlying earnings grew by 76 per cent in the last six months after the retailer slashed costs and revamped its [...]
Exclusive: Frasers Group acquires stake in athletic giant Puma March 5, 2026 Frasers Group has taken a stake in athletic giant Puma, City AM can reveal. Retail giant Frasers has acquired 246,000 shares in the athletic group, according to German filings published on Thursday. Puma’s share price currently stands at €22.50, meaning this 5.77 per cent stake is worth more than €5.5m. Frasers Group, founded by British [...]
Debenhams clinches equity raise after share price spook February 19, 2026 Debenhams Group successfully closed its equity fundraise above its initial £35m target despite a stock market spook which saw its shares drop by 20 per cent. The fashion group, which recently rebranded from Boohoo Group, had pitched the equity raise as central to its turnaround from significant struggles in recent years. Debenhams Group, which owns [...]
Debenhams shares plunge after £35m capital raise confirmed February 17, 2026 Debenhams shares plunged ten per cent in early deals after the struggling fashion group confirmed plans to launch a £35m equity raising round. The group’s board said the fundraise will allow it to complete its resurgence but the plans did little to calm investors as its share price tumbled on the Tuesday open. Debenhams Group, [...]
Debenhams to retain Pretty Little Thing as fast fashion brands recovers January 28, 2026 Online fashion seller Debenhams is set to retain Pretty Little Thing after considering selling the fast-fashion brand after seeing improvements in profitability. The retailer, which rebranded from Boohoo Group in March 2025, has unveiled its decision to keep the low-cost retailer after first mulling the sale in August as it looked to restructure its business [...]
Debenhams transformation ‘underway’ as fortunes start to look up August 27, 2025 Debenhams has announced an improvement in trading after a long period of decline fuelled by a restructuring of its business model. The company, which rebranded from Boohoo Group earlier this year, reported earnings before interest, tax, depreciation and amortization (EBITDA) of £41.6m in 2025. The standout performer was the Debenhams brand, which grew sales by [...]