Friday, February 28, 2020

62 job cuts & 1100 others at risk as Boohoo buys Karen Millen & Coast

Boohoo buys Karen Millen Coast for £18.2m pre-pack administration 62 job cuts 1100 risk redundancies

Boohoo has officially acquired the brands, intellectual property and online business of Karen Millen and Coast in a pre-pack administration deal worth £18.2 million. The deal will result in 62 immediate job cuts, while around 1100 other staff members are now at risk of redundancies.

Boohoo buys Karen Millen Coast for £18.2m pre-pack administration 62 job cuts 1100 risk redundancies

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