Debenhams release postive trading statement
Tuesday, 24 June 2008
Debenhams today released its interim management statement for the 42 weeks ended 21 June 2008. The Group stated gross transaction value for the 42 weeks to 21 June 2008 was 1.3% higher than the same period last year. Debenhams has continued to gain market share across key product
categories as its customers find favour with their strategy of increasing the quality and value of offered products whilst at the same time improving the in-store environment. Rob Templeman, Chief Executive of Debenhams, said: "In light of the tough trading environment across the whole UK retail sector, we are pleased with customer response to our new ranges and, as a result, our improving sales performance for the period. The strength of Designers at Debenhams is particularly pleasing. We continue to take market share across our key product categories.”
Debenhams has a total of 137 department stores in the UK and Republic Ireland and 10 Desire by Debenhams stores, which are a new small store concept featuring a mix of womenswear, accessories, lingerie, cosmetics and childrenswear. Debenhams has a further 39 international franchise stores in 15 countries and an online store, www.debenhams.com, through which much of the Debenhams range is available. Debenhams is the second largest department store chain in the UK. Designers at Debenhams include Ted Baker, Jasper Conran, Theo Fennell, Pearce Fionda, Frost French, Betty Jackson, Ben de Lisi, Julien Macdonald, John Richmond, John Rocha and Matthew Williamson.
Image: Debenhams SS09 campaign