Shares in Debenhams (LON:DEBS) rallied after the online fashion and beauty retailer reported a 14% jump in H1 adjusted EBITDA to £24 million amid ongoing turnaround progress. For FY27, the boohoo-to-Karen Millen brands owner expects to deliver a return to positive profit before tax. It also anticipates finishing the year with ‘negligible’ net debt following … Continue reading Debenhams reports earnings surge as turnaround gathers pace