All Debenhams stores in Britain will close permanently as part of the sale of its brand and website to online retailer Boohoo, its administrators said on Monday.
“I expect that the agreement with Boohoo may provide some job opportunities but we regret that this outcome does not safeguard the jobs of Debenhams’ employees beyond the winding down period,” said Geoff Rowley, Joint Administrator and Partner of FRP Advisory.
(Reporting by James Davey; writing by Kate Holton; editing by Michael Holden)
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