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Debenhams Group raises annual earnings forecast to £53 million amid turnaround.
Boohoo Group, now operating as Debenhams Group, reported strong progress in its turnaround, raising its annual earnings forecast to £53 million.
The company, which has cut costs and reduced staff, expects to significantly lower its debt and lease obligations, with shares rebounding after hitting record lows.
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Debenhams Group eleva su pronóstico de ganancias anuales a 53 millones de libras en medio de un cambio de rumbo.