
© Reuters. FILE PHOTO: A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration
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.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.