Debenhams reported its biggest-ever loss on Thursday and confirmed a plan to close 50 stores as well as saying the beauty market has dipped in recent months. But it’s remaining upbeat and thinks it’s on the right track.
Rarely has any fashion week felt like its success was riding on one brand. Yet that’s very much the mood entering the next edition of London Fashion Week, when all eyes will be on Riccardo Tisci's debut at Burberry.
Sales dropped and profits headed downwards fast in the first half for Debenhams, but its international ops were stronger and its revamp strategy is showing early good results, although there's still a lot of work to do.
The womenswear collections for next winter presented in New York, London, Milan and Paris from February 5 to March 6, showcased ten major new trends, creating looks that were hybrids of strength and femininity.