Debenhams and ex-Arcadia brands suffer losses in first year under Boohoo ownership

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Debenhams and former Arcadia brands Dorothy Perkins, Burton and Wallis all suffered losses in their first year under Boohoo ownership.

Collapsed department store chain Debenhams – snapped up by Boohoo in a £55m deal last January – booked a pre-tax loss of £11.7m between January 14, 2021 and February 28, 2022. It recorded sales of £56.9m, according to figures first reported by Retail Gazette

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