Debenhams Group improves profitability following strategic pivot
Debenhams Group has posted a boost in profitability and said its pivot to a “stock-light, capital-light, highly profitable marketplace” is working.
“The cost base has been reset, the warehouse consolidation completed, the tech re-platform delivered, the stock base right-sized, most of the onerous costs exited and the brand management teams strengthened”
Already have an account? Sign in here