Debenhams Group has reported a strong H1 FY26 turnaround, led by Debenhams’ 20 per cent GMV growth and 50 per cent EBITDA rise.
Its marketplace-driven, capital-lite model is boosting margins and doubling partner numbers to 20,000.
Youth brands returned to positive EBITDA and Karen Millen begins a premium repositioning strategy.
Costs have been cut by £160 million (~$211.85 million).Debenhams Group has reported a strong H1 FY26 turnaround, led by Debenhams’ 20 per cent GMV growth and 50 per cent EBITDA rise.
Its marketplace-driven, capital-lite model is boosting margins and doubling partner numbers to 20,000.
Youth brands returned to positive EBITDA and Karen Millen begins a premium repositioning strategy.
Costs have been cut by £160 million (~$211.85 million).
