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Boohoo has today announced a £25.2million deal to buy Dorothy Perkins, Wallis and Burton as the fast fashion giant continued to carve up the remains of Sir Philip Green’s Arcadia empire with rival ASOS. The online giant, owned by billionaire Mahmud Kamani, said they would be buying the brands and stock but would shut all 214 physical stores, … Read more
Boohoo snaps up Dorothy Perkins, Wallis and Burton in £25m deal that does NOT include stores as online fashion giants continue to carve up Sir Philip Green’s Arcadia empire By Martin Robinson, Chief Reporter For Mailonline Published: 07:34 GMT, 8 February 2021 | Updated: 07:40 GMT, 8 February 2021 Boohoo has today announced £25.2million deal … Read more
Fast fashion websites face stricter ‘buy now, pay later’ rules to protect young shoppers By Daily Mail City & Finance Reporter Published: 22:54 GMT, 2 February 2021 | Updated: 22:55 GMT, 2 February 2021 Boohoo and Asos were in the spotlight after the financial regulator vowed to crack down on buy now pay later providers. … Read more
ASOS mocks Boohoo for ‘forgetting to Photoshop out’ its logo on a pair of sports socks worn by a model in ad for a crop top Boohoo posted image of model wearing ASOS 4505 crew socks on their website Photo was advertising Boohoo crop top and featured model wearing ASOS socks Online retailer accused rival … Read more
Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on 2 December 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a few … Read more
A sensational £1.25million in a single day was raised for Mail Force to help lockdown pupils yesterday. Online fashion retailer Boohoo pledged a whopping £750,000 towards the ambitious campaign to get schoolchildren online. And a further £500,000 arrived from a generous benefactor who requested to remain anonymous. On top of that, donations from Mail readers … Read more
Boohoo is favourite Arcadia brands Burton, Dorothy Perkins and Wallis for up to £25m By Daily Mail City & Finance Reporter Published: 21:50 GMT, 28 January 2021 | Updated: 21:50 GMT, 28 January 2021 Boohoo is to enter exclusive talks to buy Burton, Dorothy Perkins and Wallis for up to £25m Boohoo has taken poll … Read more
Debenhams deal will thrust Boohoo to the top table of retailers, claims online fashion retailer’s billionaire co-founder By Daily Mail City & Finance Reporter Published: 21:51 GMT, 25 January 2021 | Updated: 21:51 GMT, 25 January 2021 Boohoo bosses have hailed its ‘transformational’ £55million deal to buy Debenhams as a stepping stone to it becoming … Read more
The playboy son of Boohoo’s billionaire boss hailed his father’s £55million takeover of Debenhams by revealing the family used to shop there every Saturday ‘looking for cheap TVs’. Boohoo owner Mahmud Kamani today bought the Debenhams brand with plans to make it an online-only operation – putting up to 12,000 jobs at risk as he … Read more
Online fashion retailer Boohoo has confirmed it has bought the Debenhams brand for £55 million and will relaunch the department store as an online-only operation from next year. Bosses said the deal will not include saving Debenhams’ stores which will close for good as part of a structured winding down of the business. Debenhams started … Read more