£500m annual sales from Burton, Wallis and Dorothy Perkins29 Jan 2021 17:08
Andrew Wade, analyst at joint house broker Jefferies, said that while the brands, Burton, Wallis and Dorothy Perkins, were not viewed as the jewels in the crown of Arcadia, they nevertheless generated more than £500m of annual sales between them.
“These acquisitions would be very much consistent with Boohoo's successful approach to date, and we would view the brands as a good fit within the group,” he said in a note to clients.