The Manchester based online fashion retailer Boohoo has confirmed that it was in exclusive talks with the administrators of Philip Green’s collapsed Arcadia group over the purchase of the Dorothy Perkins, Wallis and Burton brands.
Boohoo, which on Monday bought the Debenhams brand out of administration for £55 million said there was no guarantee the talks would result in a deal.
Arcadia collapsed into administration in November, putting more than 13,000 jobs at risk.
On Monday Boohoo rival ASOS said it was in exclusive talks with Arcadia’s administrators over the acquisition of the Topshop, Topman, Miss Selfridge and HIIT brands.
