More than 1,000 in-store jobs are at risk after Boohoo bought the online operations of Karen Millen and Coast in a £18.2 million deal.
The struggling clothing brands had been put up for sale by Kaupthing, the collapsed Icelandic bank that had owned them since seizing control of assets from Baugur in the financial crisis, when the Icelandic retail conglomerate fell into administration.
More than 1,000 in-store jobs are at risk after Boohoo bought the online operations of Karen Millen and Coast in a £18.2 million deal.
The struggling clothing brands had been put up for sale by Kaupthing, the collapsed Icelandic bank that had owned them since seizing control of assets from Baugur in the financial crisis, when the Icelandic retail conglomerate fell into administration.
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