Date Posted: Monday 8th February 2021
The boohoo Group has bought Arcadia brands Dorothy Perkins, Wallis and Burton for £25.2m. The deal includes the brands and online business but does not include the 214 shops. Sir Philip Green's Arcadia group fell into administration in November last year; last week ASOS bough its other brands, Topshop, Topman, Miss Selfridge and HIIT.
The BBC has reported that administrators Deloitte said around 2,450 staff would lose their jobs as a result of the Dorothy Perkins, Wallis and Burton sale, and the stores would permanently close. Deloitte said staff had been emailed on Monday and would inform over the course of the day. Approximately 260 jobs will be moving with the brands to Boohoo, mainly head office functions such as brand design, buying and merchandising, and the digital part of the business.
boohoo in 'Brands'
Dorothy Perkins in 'Brands'
Wallis in 'Brands'
Burton in 'Brands'
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