London, British online fashion retailer Boohoo has bought three clothing brands owned by the collapsed Arcadia retail group for 25.2 million pounds (USD 34.5 million). Boohoo bought the inventory and online businesses of the Arcadia brands - Dorothy Perkins, Wallis and Burton. The deal did not include the...
Following reports that ASOS has bought Topshop, Topman, Miss Selfridge and HIIT out of administration for £265m, Chloe Collins, Senior Apparel Analyst at GlobalData, a leading data and analytics company, offers her view on this news:
"ASOS is a complementary new...