Business
Britain’s Boohoo Buys Debenhams Brand for 55 Million Sterling
Published by linker 5
Posted on January 25, 2021
1 min readLast updated: January 21, 2026
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Published by linker 5
Posted on January 25, 2021
1 min readLast updated: January 21, 2026
Add as preferred source on Google
LONDON (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.
(Reporting by James Davey; Editing by Kate Holton)
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