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flag Debenhams raised £35 million to combat financial issues, but shares dropped on concerns about its long-term viability.

flag Debenhams Group announced a £35 million capital raise to address financial struggles, including declining sales and debt, as part of a broader turnaround plan. flag The move aims to strengthen liquidity, support store operations, and fund digital upgrades. flag Shares fell after the announcement, reflecting investor concerns over the company’s long-term sustainability amid ongoing retail challenges.

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