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Boohoo buys Debenhams for £55million

Boohoo has bought collapsed department store group Debenhams for £55m but will shut all remaining stores  Deal confirms Debenhams brand will disappear from high street after 242 years with up to 12,000 job losses Boss Mahmud Kamani in battle with Amazon as he wants to dominate homeware and beauty as well as clothes Battle of the billionaires has broken out over who will buy Topshop brand from ruins of Phil Greens empire ASOS boss Anders Holch Povlsen in poll position to buy up Arcadia busin...
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Boohoo boss' playboy son hails father's £55million Debenhams takeover

Boohoo has bought collapsed department store group Debenhams for £55m but will shut all remaining stores  Deal confirms Debenhams brand will disappear from high street after 242 years with up to 12,000 job losses Boss Mahmud Kamani in battle with Amazon as he wants to dominate homeware and beauty as well as clothes His son and PrettyLittleThing founder, Umar Kamani, says the family used to make weekly trips to Debenhams 
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