Debenhams and former Arcadia brands Dorothy Perkins, Burton and Wallis all suffered losses in their first year under Boohoo ownership.
Asos and Boohoo – two fast fashion etail giants who have stormed through the pandemic, picking up struggling competitors as they go. But, in five years’ time, who will be the bigger powerhouse?
After a stellar year in which the fast fashion etailer reported over £1.7bn in sales, and acquired six well-known brands, Boohoo has unveiled plans to keep its momentum going.
Fashion etailer Boohoo has acquired office premises in central London that will provide a base for 600 people.
Boohoo has finalised the purchase of Arcadia’s Wallis, Burton and Dorothy Perkins brands out of administration.
Advertisement
