Debenhams Group narrows loss to £108m: marketplace pivot pays off

Debenhams Group online department store marketplace

Debenhams Group, the retailer formerly known as Boohoo, narrowed its annual pre-tax loss to £108m and lifted adjusted EBITDA to £53m for the year to February 2026. The results confirmed its shift to an online marketplace model is restoring profitability, and that PrettyLittleThing will stay in the group after returning to profit.