Jan 25, 2021
Boohoo buys Debenhams brand for £55m
For the year ended August 2020 Debenhams' online operations generated £400m in revenue, the company said. For the year ended November SThree posted a 9 per cent fall in revenue and a 49 per cent drop in profit before tax. Mothercare said it expects to report net worldwide retail sales of at least £320m for its fiscal year ending March, down about a third year on year, and continues to expect to make a small ebitda loss for the full year. Software maker Sopheon said in an update that fourth-quarter trading had strengthened year on year, with a healthy order book giving cause for optimism about the year ahead. The company said full-year revenue was around $30m, flat on 2019, with adjusted ebitda in the region of $5.6m as the value of software-as-a-service contracts grew more than threefold. The top managers, led by funds including Chase Coleman's Tiger Global and Izzy Englander's Millennium Management, made half of the overall hedge fund industry's gains last year, according to research by LCH Investments.
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