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Dorothy Perkins Philip Green London city Arcadia exclusive Sky News and Dorothy Perkins Philip Green London city Arcadia

Boohoo in talks to buy Dorothy Perkins, Wallis and Burton brands from Arcadia administrators

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dailyrecord.co.uk
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Boohoo is in exclusive talks to buy some of the remnants of Sir Philip Green's high street empire. The online fashion brand is negotiating with administrators of Arcadia over the future of the Dorothy Perkins, Wallis and Burton brands.

A deal could see Boohoo buy the three, excluding the HIIT brand sold at Burton, although the board stressed that so far these are only discussions and that no deal is guaranteed.

The acknowledgement came after Sky News recently revealed that talks were ongoing between the company and Arcadia administrators.In a short statement to investors in London on Friday morning, Boohoo said: "Boohoo Group plc, a leading online fashion group, notes recent media commentary."The group confirms that it is in exclusive.

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