Boohoo snaps up Arcadia brands to complete break-up of Green empire

Boohoo snaps up Arcadia brands to complete break-up of Green empire
Representative Image Image Credit: Pixabay
  • Country:
  • United Kingdom

British online fashion retailer Boohoo said on Monday it had bought the Dorothy Perkins, Wallis and Burton brands from the administrators of Arcadia for 25.2 million pounds ($34.6 million) completing the break-up of Philip Green's fallen empire.

Like rival ASOS's purchase last month of Arcadia's prized Topshop, Topman, Miss Selfridge and HIIT brands, Boohoo's deal does not include any stores, putting thousands of jobs at risk. ($1 = 0.7281 pounds)

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