Debenhams owner could sell brands to slash debt Retail Debenhams Group could sell off some of its brands in a bid to eliminate its £90m debt, as the fashion firm continues its turnaround. The group, which owns the eponymous former department store as well as Boohoo and Pretty Little Thing, plans to slash its debt to below the level of its pre-tax earnings and [...]
Debenhams owner hails ‘successful transformation’ as loss narrows Retail Debenhams’ owner has hailed a “successful transformation” following its drastic turnaround, though the fast-fashion group still posted a £100m loss. The AIM-listed group, which owns brands including Debenhams, Pretty Little Thing and Karen Millen, saw its pre-tax loss narrow by 69 per cent to £108m in the year to February. The fashion firm, which is [...]
Debenhams shares boom as long-awaited turnaround bears fruit Retail Debenhams shares soared after the fast-fashion retailer returned to growth, in a suggestion that the firm’s long-awaited turnaround is beginning to take hold. The firm, which is listed on the AIM market as Boohoo, said on Wednesday that its sales were up by 0.5 in the first three months of this year, prompting its shares [...]
Debenhams to retain Pretty Little Thing as fast fashion brands recovers January 28, 2026 Online fashion seller Debenhams is set to retain Pretty Little Thing after considering selling the fast-fashion brand after seeing improvements in profitability. The retailer, which rebranded from Boohoo Group in March 2025, has unveiled its decision to keep the low-cost retailer after first mulling the sale in August as it looked to restructure its business [...]