Boohoo snaps up Dorothy Perkins, Wallis and Burton in £25m deal that will axe 214 stores and 2,450 j8 Feb 2021 11:00
Boohoo snaps up Dorothy Perkins, Wallis and Burton in £25m deal that will axe 214 stores and 2,450 jobs as online fashion giants continue to carve up Sir Philip Green's Arcadia empire
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The online giant, owned by billionaire Mahmud Kamani, said they would be buying the brands and stock but would shut all 214 physical stores, concessions or franchises with 2,450 job losses.