Boohoo buys Dorothy Perkins, Wallis and Burton - but shops to close with 2,450 jobs lost
Sign up for our What's On newsletter - for all the latest whether you're staying in or heading out and aboutOnline retailer Boohoo has bought Dorothy Perkins, Wallis and Burton out of administration.The Manchester-based fashion brand snapped up the businesses in a deal worth £25.2 million.But the deal only includes the inventory, e-commerce and digital aspects of the businesses, meaning hundreds of high street shops will close.The closure of the 214 remaining shops is expected to see around 2,450 staff made redundant.Dorothy Perkins, Wallis and Burton were all part of Sir Philip Green's Arcadia retail empire, which crashed into administration back in December 2020.Topshop, Topman and Miss Selfridge - also former Arcadia brands - were