Boohoo acquisition of Debenhams leaves schemes with PPF

James Phillips
clock • 1 min read

The Debenhams brand and website has been acquired by online fashion retailer Boohoo for £55m, although the pension scheme, shops, and stock will not be purchased.

In an announcement today (25 January), Boohoo said the transaction was a "fantastic opportunity" to grow its market, with chief executive John Lyttle noting it was an "important development". Ho...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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