2,450 jobs lost as Boohoo snaps up Dorothy Perkins, Wallis and Burton
2,450 jobs lost as Boohoo snaps up Dorothy Perkins, Wallis and Burton Top Story February 9, 2021 LONDON: Around 2,450 staff were being told on Monday that their jobs have been axed after clothes website Boohoo bought Dorothy Perkins, Wallis and Burton for £25.2 million. The deal is for the inventory, e-commerce and digital assets of the businesses, which were owned by Sir Philip Green’s Arcadia retail empire when it entered administration in December. But it does not include the brands’ 214 remaining shops, which will close, according to administrators from Deloitte. Staff were emailed...
Source: thenews.com.pk
