Powered by Membership Services Ltd

boohoo makes £18.2 million acquisition

boohoo has completed an asset purchase agreement for fashion brands Karen Millen and Coast for a cash consideration of £18.2 million. It has acquired the online businesses and all associated intellectual property rights from the administrators. It was learned earlier today that certain head office redundancies were being made affecting staff at both karen Millen and Coast prior to the deal completing. 

To access our news archive, use the search bar on the top right of this page. To view any articles/past magazine issues, you will need to subscribe or sign in.