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BOOHOO HAS ACQUIRED DEBENHAMS RETAIL FOR £55M

BOOHOO HAS ACQUIRED DEBENHAMS RETAIL FOR £55M

Published: 05/02/2021

Online fashion giant "Boohoo" has bought London-based retailer "Debenham's" for £55M, including other business assets i.e., their websites and in-house brands too.

Around 118 Debenhams physical stores will be closed resulting in a job loss of around 12,000 workers.