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Britain’s Boohoo buys Debenhams brand for 55 million sterling

Published by linker 5

Posted on January 25, 2021

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· Last updated: January 21, 2026

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Boohoo app displayed on smartphone in front of Boohoo logo - Global Banking & Finance Review
This image shows a woman using the Boohoo app against the backdrop of the Boohoo logo. It relates to Boohoo's recent purchase of the Debenhams brand for 55 million pounds, highlighting significant developments in the UK retail sector.
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LONDON (Reuters) – British online fashion retailer Boohoo said on Monday it had purchased the brand of collapsed department store group Debenhams for 55 million pounds ($75.4 million). Debenhams’ administrators said last month it was starting a liquidation process, putting 12,000 jobs at risk. (Reporting by James Davey; Editing by Kate Holton)

LONDON (Reuters) – British online fashion retailer Boohoo said on Monday it had purchased the brand of collapsed department store group Debenhams for 55 million pounds ($75.4 million).

Debenhams’ administrators said last month it was starting a liquidation process, putting 12,000 jobs at risk.

(Reporting by James Davey; Editing by Kate Holton)

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