Shares in Debenhams (LON:DEBS) rallied after the online fashion group said ‘continued positive trading’ persisted through June and July. The recent UK heatwave has proved more help than hindrance. And the update confirmed the boohoo-to-Karen Millen brand owner’s turnaround strategy has traction. Debenhams expects net debt to be ‘materially lower’ in the current year due … Continue reading Why Debenhams shares are rallying today