Home / Knowledge / News / Apparel/Garments / Debenhams plc sees resilient finish to H1 trading
Debenhams plc sees resilient finish to H1 trading
Mar '12
Group gross transaction value for the 26 weeks to 3rd March 2012 increased by 1.4%. A resilient finish to the half saw like-for-like sales increase by 2.4% (including and excluding VAT) for the eight weeks to 3rd March 2012. This resulted in Group like-for-like sales growth of 1.4% including VAT and 0.3% excluding VAT for the period as a whole, an improvement on the position already reported for the first 18 weeks of the year.

Debenhams' sales performance in the 18 weeks to 7th January 2012 was detailed in the January interim management statement. Trading in the last eight weeks of the half held up well, helped by a successful winter sale as well as an encouraging start to the new season.

Customers continue to appreciate the style, quality and value of our offer, particularly our own core brands and Designers at Debenhams. The spring marketing campaign under the "Life Made Fabulous" theme was launched in mid-February and has been well received by customers.

Michael Sharp, Chief Executive of Debenhams, said:
"I am pleased with our performance in the first half which resulted in like-for-like sales growth despite challenging conditions across the retail sector.

"Our priority in the second half is to continue executing our strategy, centred on the four pillars of focusing on UK retail, delivering a compelling customer proposition, increasing availability and choice through multi-channel and expanding the brand internationally.

"Whilst it is prudent to remain cautious about the health of the wider economy and the impact this may have on consumer behaviour in the short-term, we remain comfortable with the outlook for the full year. Over the medium-term, we are confident of the benefits that our strategy will bring to Debenhams."

Debenhams will report its first half results for the 26 weeks to 3rd March 2012 on Thursday 19th April 2012.

Debenhams plc

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search