Britain's Boohoo buys Debenhams brand for 55 mln stg - Reuters - 1 minute read




LONDON, Jan 25 (Reuters) - British online fashion retailer Boohoo said on Monday it had purchased the brand of collapsed department store group Debenhams for 55 million pounds ($75.4 million).
Debenhams’ administrators said last month it was starting a liquidation process, putting 12,000 jobs at risk.
$1 = 0.7290 pounds Reporting by James Davey; Editing by Kate Holton

Source: Reuters

Powered by NewsAPI.org