UK: Debenhams to raise GBP323m as like-for-likes dip
Department store operator Debenhams is to raise GBP323m (US$529m) through a rights issue to reduce debts, the company said as it announced a 0.8% dip in like-for-like sales.
Department store operator Debenhams is to raise GBP323m (US$529m) through a rights issue to reduce debts, the company said as it announced a 0.8% dip in like-for-like sales.