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Debenhams Profits Plummet in First Half on Discounting Surge

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Debenhams is putting a focus on apparel as it commits to moving faster and working harder to overcome the chain’s disappointing performance in the first half of the year. In a Nutshell: Debenhams ends the first half with plummeting profits, which it largely attributed to heavy discounting in the face of similar promotions from competitors….

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