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Sharp sets out strategy as Debenhams records 10% profit increase
New Debenhams chief executive Michael Sharp has revealed his growth strategy for the department store, as the retailer’s full year pre-tax profit jumped 10% to £166.1m.
Mulberry posts 23% rise in sales
Mulberry has posted a 23% rise in sales for the year to March 31 as the luxury clothing and accessories house continues to grow its business internationally.
Bay Trading shuts down 19 stores
Bay Design, the business that bought former Alexon chain Bay Trading out of administration in April, is closing two thirds of its stores as it drives its concessions business and launches an online operation.
