Debenhams Group, formerly boohoo group plc, returned to growth in Q1 FY27, with GMV rising 0.5 per cent YoY and May trading up around 8 per cent.
The gross margin improved to 53.5 per cent.
The retailer said its marketplace transition, cost reductions and warehouse consolidation supported turnaround progress and reiterated guidance for double-digit EBITDA growth in FY27.
The gross margin improved to 53.5 per cent.
The retailer said its marketplace transition, cost reductions and warehouse consolidation supported turnaround progress and reiterated guidance for double-digit EBITDA growth in FY27.