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Embattled British brand warns annual profits could fall short of forecasts
Thursday 29 Jun 2017 Author: James Crux

Structurally challenged department store Debenhams (DEB) says full year profit before tax could be towards the lower end of the forecast range ‘should current market volatility continue’. The high street bellwether has seen a weaker clothing market in the second half of the year.

Chief executive Sergio Bucher, seeking to turn Debenhams into ‘the destination for social shopping’, insists Debenhams’ beauty, accessories, food and drink lines have helped to mitigate the       impact. (JC)

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