Principles news and archive

Debenhams sales boosted by Principles

The revival of the Principles brand helped Debenhams deliver better-than-expected underlying sales in the first half of its financial year. The company reported sales from stores open at least a year up 0.3 per cent in the first half to February 27, better than analysts’ expectations of flat like-for-like sales, and a 0.1 per cent increase in...

Fashion

Principle employees face uncertain future

The future of 2,300 employees in Principles was thrown into doubt as Debenhams neared a deal that would enable the department store chain to take control of Principles' clothing stock but wash its hands of the 90 Principles independent stores and head office staff, reported the Financial Times. Debenhams, which runs Principles concessions in...