Boohoo 'set to buy' Debenhams' online business for £50m

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Boohoo 'set to buy' Debenhams' online business for £50m
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Historic retailer could agree deal with internet firm this week, but high street stores are likely to close

Photograph: Joseph Okpako/Getty ImagesPhotograph: Joseph Okpako/Getty ImagesInternet fashion retailer Boohoo has reportedly agreed to buy the online business of, in a move which will see the department store chain close its remaining high street shops, according to sources close to the deal.

 

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