Inactive Instrument

Debenhams Plc

Equities

GB00B126KH97

Debenhams : Department store House of Fraser reports 2.7 percent rise in sales

January 11, 2017 at 08:54 am

LONDON (Reuters) - British department store House of Fraser on Wednesday reported a 2.7 percent rise in underlying sales over the Christmas period, helped by record trading in the last two weeks of December.

House of Fraser also said that Black Friday sales rose 2.7 percent compared to last year, with online business accounting for around 41 percent of total sales across the six day period.

The firm's Christmas period runs from the six weeks to the end of the year.

House of Fraser competes with the likes of John Lewis, Marks & Spencer (>> Marks and Spencer Group Plc) and Debenhams (>> Debenhams Plc) which all update on Christmas trading on Thursday.

(Reporting by Alistair Smout; editing by Kate Holton)

Stocks treated in this article : Marks and Spencer Group Plc, Debenhams Plc

Latest news about Debenhams Plc

Debenhams Store Staff Sue Firm over Redundancy	15/07/21	CI
Peek & Cloppenburg KG acquired A/S Th. Wessel & Vett, Magasin du Nord from Debenhams plc.	27/05/21	CI
Debenhams to Permanently Close Six Stores Including One Near York	12/01/21	CI
Primark Reportedly Eyes Arcadia	14/12/20	CI
Authentic Brands Reportedly in Discussions with Debenhams, Arcadia for the Potential Acquisitions	14/12/20	CI
Frasers Group in Talks to Buy Collapsed Debenhams	07/12/20	CI
Debenhams Updates on Its Sale Process	01/12/20	CI
JD Sports Fashion Terminates Discussions with the Administrators of Debenhams	30/11/20	CI
JD Sports Reportedly in Exclusive Talks with Debenhams over Rescue Takeover	23/11/20	CI
JD Sports Emerges as Surprise Contender to Buy Debenhams	14/11/20	CI
Reliance Retail Withdraws from Bidding to Acquire Debenhams	11/10/20	CI
Reliance Retail Reportedly Emerges as Contender to Take Control of Debenhams	22/09/20	CI
Debenhams Reportedly 'Could Be Split Up and Stores Sold Off'	18/08/20	CI
Debenhams to Put Up for Sale Itself	28/07/20	CI
Debenhams Plans to Reopen 120 Outlets with Seven Confirmed for Permanent Closure	21/04/20	CI
Debenhams Group Announces Supplemental Information on New Financing	09/10/19	CI
Debenhams plc Announces CFO Changes	26/09/19	CI
Debenhams to Shut Welsh Shop this Autumn	19/09/19	CI
Debenhams Group Appoints Stefaan Vansteenkiste as Chief Executive Officer	08/08/19	CI
Debenhams Plans to Close at Least 22 Stores and Force Through Rent Cuts on Many Others Under the Restructure	11/06/19	CI
Debenhams plc Announces Resignation of Steve Ingham, from the Board and Ceased to Be a Non-Executive Director	22/05/19	CI
Stefaan Vansteenkiste Joins Debenhams plc as CRO	26/04/19	CI
Debenhams plc Reports Group Revenue Results for the Half Year Ended March 2, 2019	26/04/19	CI
Debenhams Plans to Close 20 of its Stores as Part of Restructuring Process	24/04/19	CI
Debenhams Announces Executive Changes	18/04/19	CI

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Company Profile

Debenhams plc is a United Kingdom-based company, which is engaged in multi-channel business. The Company's brand trades through approximately 240 stores in 27 countries. The Company's segments are UK and International. The UK segment consists of stores in the United Kingdom and online sales to the United Kingdom addresses. The International segment consists of international franchise stores, the Company-owned stores in Denmark and the Republic of Ireland, and online sales to addresses outside the United Kingdom. The Company's stores trade under the name of Debenhams other than the Danish stores, which operate under the Magasin du Nord banner. Its stores offer customers a range of services, including restaurants and cafes, personal shopping assistance, hairdressing and beauty treatments, nail bars and wedding or celebration gift services. Its Debenhams Direct (www.debenhams.com) offers a range of products and services for online customers.

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