Around 2,500 jobs lost as Boohoo snaps up Dorothy Perkins, Wallis and Burton
The businesses were bought from administrators at Deloitte.
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The businesses were bought from administrators at Deloitte.
TOP NEWS: boohoo Snaps Up Arcadia's Dorothy Perkins, Wallis And Burton Mon, 8th Feb 2021 08:47 (Alliance News) -Â boohoo Group PLC on Monday said it has agreed to buy the Dorothy Perkins, Wallis and Burton brands out of administration for GBP25.2 million. The AIM-listed online-only fashion retailer will be buying the e-commerce and digital assets and associated intellectual property rights, including customer data, related business information and inventory of the Burton, Dorothy Perkins and Wallis brands. The deal does not include any stores. The brands are part of Philip Green's Arcadia G...
Last week Asos, also an online retailer, signed a £330 million deal to buy Topshop, Topman, Miss Selfridge and HIIT from Arcadia.
Last week Asos, also an online retailer, signed a £330 million deal to buy Topshop, Topman, Miss Selfridge and HIIT from Arcadia.
Online fashion giant Boohoo has bought Arcadia brands Dorothy Perkins, Wallis and Burton out of administration in a £25.2m deal.