Retailer buys online businesses but 32 standalone and 177 concession stores to closeThe online retailer Boohoo has made an offer to buy the digital businesses and brands of Karen Millen and Coast, in a move that will raise fears for the jobs of hundreds of workers in the brands’ high street stores.In a statement to the stock market published on Tuesday, Boohoo said it had offered to buy the brands, but made no mention of the struggling Karen Millen’s extensive high street network. Continue reading…
Via: Boohoo moves for Karen Millen and Coast but 1,100 jobs at risk
Categories: English News