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Dec 1, 2020 · Burton was renamed Arcadia and retained concessions in Debenhams outlets - a decision that, 23 years on, has left the fortunes of the two businesses intertwined. As a stand-alone business, under Terry Green, the newly-demerged Debenhams announced big expansion plans and opened more than a dozen new stores.
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Feb 8, 2021 · Online fashion retailer Boohoo has bought the Dorothy Perkins, Wallis and Burton brands from failed retail group Arcadia for £25.2m. The deal includes the brands and online businesses, but not...
In February 2021, Boohoo.com announced it was buying the Burton brand from Arcadia (along with the Wallis and Dorothy Perkins brands) for £25.2 million, with the loss of around 2,450 jobs. [9] All Burton stores closed as the company became an online only retailer.
The decision to de-merge Debenhams and separate it from the rest of the Group was announced in July 1997: the plan was approved by shareholders in January 1998, and the de-merger took effect later that month. At that time, Debenhams became a separate company with its listing on the London Stock Exchange.
Dec 1, 2020 · 1 December 2020. PA Media. By Daniel Thomas. Business reporter, BBC News. Debenhams is set to close all of its 124 stores after last-ditch efforts to rescue the department store chain failed. It...
Dec 2, 2020 · 1 December 2020. Debenhams stores across the UK are set to close after final attempts to rescue the ailing store chain failed. All 12,000 employees are likely to lose their jobs when its 124...
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Feb 9, 2021 · The online fashion retailer Boohoo has bought Dorothy Perkins, Wallis and Burton for £25m, completing the breakup of Sir Philip Green’s Arcadia Group. The deal to buy the three remaining fashion...
