Debenhams Group hails turnaround as losses slashed

Debenhams Group has hailed its turnaround after slashing annual losses. The listed parent company of boohoo, PrettyLittleThing and Karen Millen says its ‘capital-lite, stock-lite’ marketplace model has now been rolled out across the entire group. Losses before tax for the year ended 28th February 2026 were £108.6 million, down 69.2% from £352.5m in the prior … Continue reading Debenhams Group hails turnaround as losses slashed