Group Info

REVISE cheap lingerie stores 1-Perfume, bustiers drive good Christmas revenue at Debenhams

By cheap lingerie stores Debbie Young

THE sexy wholesale clothing UNITED KINGDOM Jan doze Debenhams, Britain's No . a couple of

department target bridal lingerie store cycle, grew revenue over their Christmas trading

period, mainly because vxccvy001 customers bought more cosmetic makeup products, fragrances and

lingerie, sexy wholesale clothing demonstrating a strategy to transfer away from vogue sales

was target bridal lingerie working.

British isles shoppers own defied estimations that Holiday

spending can be down, and continued to take care of themselves.

Debenhams' peers Grades & Gradzino and Diane Lewis

as well reported progress, in contrast to outfits retailer Subsequent

which has endured as British people cut back on apparel


Debenhams, which is second to Number 1 mall chain

Diane Lewis, reported underlying revenue growth of two to three. 5 percent in

the 18 weeks to Jan. six, beating a consensus outlook for progress

of 1. a couple of percent.

Above the seven-week period which included Holiday,

underlying reported sales had been up 5%.

"I'm excited that the organization has sent a good

trading performance above peak, inches Chief Executive Sergio Bucher

advised reporters about Thursday.

Bucher, a former The amazon website executive just who took the helm

for Debenhams in October, proven he would description his strategies

for the corporation in The spring, but explained he was persuaded by the

provider's focus on developing beauty and gifts instead of clothes.

Stocks and shares in Debenhams were up 4. on the lookout for percent for 56. on the lookout for pence for

1009 GMT (GREENWICH MEAN TIME). Over the last twelve months, Debenhams stocks and shares have slipped

26 percent, underperforming the FTSE midcap index

that it is portion, which is up 10 percent, and bigger take on

Marks and Spencer which includes lost 18 percent inside the same period.

Analysts for Investec advised the inventory had further more to run

mainly because Christmas trading should assure that Debenhams was to normal

to meet full-year forecasts.

"We also anticipate more positive feeling towards the stocks and shares

in anticipation of the newest CEO's approach reveal in April, inches

Investec expert Kate Calvert said.

Debenhams said web based sales grew 13. on the lookout for percent inside the 18-week

period, meaning that revenue via the net now represent about 18

percent belonging to the overall combination.

John Lewis said about Thursday may well invest intensely in its

business online this year following 40 percent of total sales emerged

from the internet above Christmas, parenting questions regarding

whether Debenhams may need to go along with suit.

"We believe a serious increase in capex could position the

dividend, an integral part of the expenditure case, in danger, " explained

Liberum experts.