Debenhams returns to profit as turnaround picks up pace

Shares in Debenhams (LON:DEBS) rallied after the online fashion and beauty retailer reported a return to pre-tax profit for the first time in five years. With the group’s turnaround in full swing, CEO Dan Finley is targeting pre-tax profits north of £100 million in the medium term. ‘The turnaround continues at pace,’ said Finley. ‘I … Continue reading Debenhams returns to profit as turnaround picks up pace