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

  • 📰 The Guardian
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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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UmarKamani Good,it needs some of your sparkle

Wow

'Boohoo'? You guys are weird.

Sneaky Boo goin after you

good

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Boohoo snaps up Debenhams for £55m; Asos in exclusive talks to buy Topshop – business liveRolling coverage of the latest economic and financial news as online retailers swoop in on two of Britain’s major high street brands Trump hasn't been jailed yet? Dirt cheap This is an interesting development as it has also acquired other brands like Karen Millen.
Source: The Guardian - 🏆 84. / 53 Read more »