Concessions
Brands which are sold through our stores where the stock belongs to a third party concessionaire. They are found chiefly in womenswear (eg Wallis, Oasis, Warehouse) and accessories (eg Tripp luggage).
Core brands
Brands designed and produced exclusively for Debenhams. They include brands such as Collection, Mantaray, Maine New England and Red Herring. They are found in all product categories.
Designers at Debenhams
Exclusive diffusion ranges designed for Debenhams by leading international designers including Julien Macdonald, Jasper Conran and John Rocha.
Earnings per share (EPS)
The profit for the year attributable to shareholders, divided by the weighted average number of shares in issue.
EBITDA
Earnings before interest, taxation, depreciation and amortisation.
Flagship store
A large store, typically over 100,000 sq ft, in a major city. They include Oxford Street and Westfield in London, Henry Street in Dublin, Birmingham, Liverpool and Newcastle-upon-Tyne.
Footfall
The number of people who visit our stores.
Free cash flow
Cash generated from operations before exceptional items less net cash used in investing activities.
Gross margin
Gross transaction value less the cost of goods sold, as a percentage of gross transaction value.
Gross transaction value
Revenue (excluding VAT) on a gross basis before adjusting for concessions, consignments and staff discounts.
Headline profit before tax
Profit before tax, exceptional items and amortisation of capitalised bank fees.
International brands
Brands such as Levis, Ben Sherman, Clarins and Estée Lauder for which Debenhams owns the stock.
Market share
The percentage of the market or market segment that is being serviced by Debenhams. For instance, if 100 T-shirts were sold a year in the UK and Debenhams sold ten of them, it would have 10 % market share.
Multi-channel
Multi-channel sales comprise those from online, mobile, instore ordering and click and collect. We use online sales as a measure of the growth of the multi-channel business as it is the largest of these sales channels.
Own bought brands
Brands for which Debenhams owns the stock. They include core brands, Designers at Debenhams and international brands.