Thread: Changes on the High Street
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Old 24-01-2021, 21:42   #711
1andrew1
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Re: Changes on the High Street
Quote:
Originally Posted by 1andrew1 View Post
Debenhams (unlike Arcadia) had a fairly successful online business. I wouldn't be surprised if this is snapped up.
Quote:
Boohoo set to acquire Debenhams brand

Cut-price deal could result in closure of retail chain’s remaining department stores

Online fashion retailer Boohoo is set to acquire the Debenhams brand in a cut-price deal that will result in the closure of the group’s remaining department stores, according to two people with knowledge of the transaction.

They said that a transaction could be announced in the next few days.
https://www.ft.com/content/7782098d-...4-9e5484aa623c
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