LONDON: boohoo, a leading online fashion retailer, has agreed to acquire all of the e-commerce and digital assets and associated intellectual property rights, including customer data, related business information and inventory of the Burton, Dorothy Perkins and Wallis brands from the joint administrators of Arcadia Group Limited and its relevant subsidiaries. boohoo will pay £25.2…
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boohoo acquires all intellectual property assets of Debenhams Retail for £55 million
LONDON: boohoo, a leading online fashion retailer, has acquired all of the intellectual property assets of Debenhams Retail Limited from its joint administrators, for £55 million in cash. Debenhams is a long-standing and leading UK fashion and beauty retailer with high brand awareness, and an established online platform with approximately 300 million UK website visits…