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Debenhams expects flat gross margin for FY’13

REPORT_ Debenhams has announced a trading update for the 52 weeks to August 31, 2013, ahead of its full year results. Gross transaction value and like-for-like sales for the group have grown during the year. Profit before tax is anticipated to be in line with current market expectations. Gross margin is expected to be flat, in line with guidance, reflecting a good recovery in the second half following a decline of 20 basis points in the first half...Read More

 

 
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