Debenhams PLC (DEB.L)
26 May 2017
* Ecomnova ltd, company that owns and operates flower and gifting website including Debenhams Flowers, has suffered a cyber attack
* Company says gaps in some of its product ranges (Adds CEO comments, analyst reaction, updates shares)
* Shares fall up to 5.9 pct (Adds CEO, analyst comment, shares)
LONDON, April 20 Debenhams, Britain's second-largest department store group, on Thursday detailed a plan to return to growth by becoming more of a destination for shoppers that is differentiated from rivals and has an enhanced digital offer.
LONDON Marks & Spencer (M&S) soundly beat forecasts for Christmas trading with its first quarterly increase in clothing and homeware sales in nearly two years, delivering a welcome boost for new boss Steve Rowe.
* First market share gain for full-price clothing in seven years
LONDON (Reuters Breakingviews) - Full-priced fashion is the new black. Strong pre-Christmas sales at UK retailers Marks & Spencer and Debenhams show efforts to wean customers off promotions are paying off. Fewer discounts should translate into better margins. But the temptation to hoist the “sale” signs may return as inflation and weaker growth squeeze British consumers.
LONDON, Jan 12 Debenhams, Britain's No.2 department store chain, grew sales over its Christmas trading period, as customers bought more make-up, fragrances and lingerie, showing a strategy to shift away from fashion sales was working.
LONDON, Jan 12 Debenhams, Britain's No.2 department store chain, posted a 5 percent rise in like-for-like sales in the seven-week Christmas period, buoyed by a plan to sell more beauty and gift products rather than clothing.
Britain's three quoted major supermarkets are expected to report this week that they enjoyed solid Christmas trading, though investor concern about a potential squeeze on consumer spending in 2017 means the focus is on their outlooks.